# EUR/USD Technical Analysis and Trading Strategy The EUR/USD currency pair experienced a bearish correction on Friday, which I believe was a mere market fluctuation. This correction was anticipated to terminate at the lower retest of the ascending...
The GBP/CHF currency pair exhibited a relatively narrow range of movement yesterday, indicating some uncertainty in the market. The price attempted to push higher but struggled to surpass the resistance level at 1.1460. The trading session began on...
Simple Moving Average Indicator The Simple Moving Average (SMA) is a widely used technical indicator in financial markets, especially in Forex and stock trading. It helps traders identify trends by smoothing out price fluctuations over a specific...
The EUR/USD currency pair has recently shown some notable activity, particularly on the hourly chart as the trading week concluded. The closing price for the day was approximately 1.0878, indicating a significant movement from the previous levels....
The Japanese yen experienced a notable decline throughout the trading day, primarily driven by the Japan Labor Federation's (Rengo) announcement of a 5.46% average wage increase for the fiscal year 2025. This figure fell short of market...