AUD-JPY PAIR ANALYSIS In current trading, AUD/JPY is testing the 96.344 level, which is quite close to the nearest support at 96.282. If the price is able to stay above this level, then the opportunity to rise again to the nearest resistance at...
USD/CAD Technical Analysis and Forecast Current Market Overview The USD/CAD market is in an uptrend amid a strengthening US dollar. On the H1 chart, the USD/CAD price is trading at 1.42356 and is moving towards the resistance level at 1.42500. The...
The USDCAD currency pair is currently trading near a significant resistance level at 1.4211 on the H1 timeframe. If the market manages to break through this level, it could present a strong buying opportunity, as a breakout often leads to a test of...
GBP/USD Forecast for February 19, 2025 Recent Employment Data Impacting GBP Yesterday, the release of the UK's employment figures for December provided a buffer against the decline of the British Pound (GBP). Despite a 0.34% rise in the US Dollar...
Market Fundamentals: Japan’s third-quarter GDP was revised upward to 0.3% growth from the previously estimated 0.2%, while the annual expansion stood at 1.2%, exceeding the prior forecast of 0.9%. Despite this improvement, the economy experienced a...
