EURUSD Technical Analysis EURUSD is trading around 1.0483, currently testing a key resistance zone. On the daily (D1) chart, the price is approaching the 150-period moving average (MA), which is still positioned above, indicating a long-term...
Price Action Interpretation: USD/ JPY Our conversation concerns decoding the live USD/ JPY currency pair's pricing. Last week, the bulls tried to turn the quotes north on the quote currency pair. But the candlestick of the previous week with the...
The USDCAD H1 chart reveals a recent sharp drop after an initial bullish spike, followed by a period of consolidation. The Bollinger Bands indicate a volatility expansion during the price surge, but the subsequent decline suggests a failure to...
EUR/USD Analysis – February 17, 2025 The EUR/USD currency pair is currently experiencing a period of consolidation, hovering around the 1.0500 level. The euro has shown signs of modest recovery against the U.S. dollar, but significant resistance...
USD/JPY Weekly Analysis: Breakout Potential Ahead The USD/JPY currency pair is showing signs of a potential breakout after a period of horizontal trading for the Japanese yen. The pair previously rose above 160 but has recently experienced a...