The Dollar Index (ICE) is currently positioned for a potential rally, provided it maintains support above the critical pivot level of 106.2000. This key threshold will determine whether the ongoing bullish momentum can persist or if the index is at...
Technical Analysis: EUR/USD wobbles around 1.0500 EUR/USD retraces below 1.0500 on Wednesday as the US Dollar gains amid a strong recovery in US bond yields. Republicans-controlled House of Representatives passed a $4.5 trillion tax cut plan on...
The USD/JPY currency pair is exhibiting signs of potential upward movement, with technical projections suggesting a possible price increase ranging between 38 and 73 pips. The pivot point, which serves as a crucial reference level for traders in...
The USD/JPY pair has been retracing its recent losses, trading near 149.40 during European hours on Wednesday. However, the pair's upside potential may be limited as the Japanese Yen (JPY) finds support from increasing expectations of additional...
The GBP/USD pair is maintaining its bullish bias, recovering from initial losses and positioning itself near the key psychological resistance at 1.2700. The pair’s ability to sustain momentum above this level could open the door for further upside,...
