I observe that the US dollar struggled to hold its ground against the yen, which has once again influenced the direction of all yen pairs, including USD/JPY. I note that the pair finished trading close to its previous low, which was a level many...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Today I want to share a new analysis. Overall, the market price of EUR/USD is floating in the 1.0459 area. The US dollar index aims to surpass the immediate resistance at 106.70. Look what I told you...
During Thursday's North American trading session, the US dollar experienced a notable decline, propelling the EUR/USD pair to approximately 1.0450. This downward pressure on the dollar was reflected in the US Dollar Index (DXY), which measures the...
GBP/USD Technical Analysis H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart rose towards 60 after falling to the 50 area on Wednesday, suggesting that technical buyers remain interested. On the upside, 1.2650 (78.6%...
The upcoming week (February 24 to March 1, 2025) features several significant economic events that could influence the forex markets. Monday, February 24: German Ifo Business Climate Index (February): Scheduled for release at 09:00 AM GMT, this...
