Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. EUR/JPY fell in early trade, helping its price decline. The dawn trend line has risen above the market price trend line, and now the price market will rise after breaking...
The outlook for the pair remains closely tied to broader economic conditions, with key developments from both the U.S. Federal Reserve and the Bank of Canada playing crucial roles. The Federal Reserve’s recent decision to ease monetary policy has...
Gold Price Forecast: XAU/USD Stable Around $2,610 Ahead of Christmas Eve Gold prices are currently stable around $2,610 as the US Dollar maintains its strength. The Federal Reserve (Fed) has indicated fewer rate cuts for the upcoming year, which is...
Technical analysis of USDCAD Today we will be doing a technical analysis of USD/CAD. What is the quality of market support and resistance levels? The broader market has also broken support, which is now set as resistance, which will be the next...
USD/JPY Technical Analysis: The USD/JPY is currently consolidating, with key support at 137.00 and resistance at 138.50. Recently, the pair has been forming higher lows, suggesting a bullish medium-term outlook. The Relative Strength Index (RSI)...