EUR/USD ANALYSIS JULY 03, 2024 The increase in the price of EurUsd occurred after the release of the Non Farm Payroll news last night and the price movement showed stability in the strength of buyers to push prices higher steadily. And when looking...
Technical Analysis and Trading Strategy for USD/JPY Greetings to all trading enthusiasts! Currently, the USD/JPY currency pair is quoted at 148.923 on the one-hour (H1) timeframe. The preferred direction for today is selling, and I tend to work...
EUR/USD Technical Analysis Now that the price is trading above the weekly pivot of 1.0820 and the lower channel lines, it is trading in a support area. For the pair, we have an ascending pattern where the price begins trading within price channels...
Analysis of Price Movement and Strategic Trading Scenarios in the Forex Market In the Forex market, price movements are often influenced by key support and resistance levels, which help traders make informed decisions. Currently, the price appears...
USD/JPY: US Dollar - Japanese Yen The technical outlook for the USD/JPY currency pair suggests a continuation of the southern trend, as clearly demonstrated by the TMA (Triangular Moving Average) channel indicator. This downward movement is further...