Good Morning and Market Insights Hello, everyone. I hope you’re all doing well. The EUR/JPY pair closed yesterday’s trading session at 154.50, forming a bearish black candlestick. The current price level following the daily decline is near the upper...
Hello everyone! I agree with the idea of a pullback and will observe its strength and the price action that unfolds during this phase. On the daily chart, the resistance level at 1.2228 has already been tested from below, which opens the possibility...
The USD/CAD H1 chart shows a recent period of strong volatility, with a sharp bullish move followed by an equally aggressive bearish correction. The price currently sits at 1.4311, after peaking near 1.4810 before reversing downward. The market...
Technical analysis of the GBPUSD pair The technical analysis of the pair on the 1-hour chart shows the beginning of an upward wave that may reach the weekly resistance level of 1.2570. The price started trading this week with a downward price gap...
February 5, 2025 The EUR/USD pair is trading around 1.0390, reflecting a slight decrease from the previous session's close of 1.0345 The USD struggles to lure buyers amid Fed rate cut bets and lends support to the major. Concerns about Trump’s...