The Dollar continues to strengthen, bolstered by its role as a safe-haven asset during times of global uncertainty. Rising geopolitical tensions, particularly in regions such as the Middle East, have heightened risk aversion among traders, driving...
USD/JPY Hourly Chart Analysis Overview of Market Movement The hourly chart for USD/JPY has exhibited some intriguing movements in recent days. The price initiated a steady upward trend on December 24, characterized by a series of bullish candles...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 143.80, staying within a tight range. I’m watching 143.50 and 143.00 as key support levels, while 144.20 and 144.80 stand out as resistance points if buyers push higher. Looking at...
USD/CHF Technical Analysis: Right now, USD/CHF is hovering around 0.8550, showing a slight recovery after recent declines. I’m keeping an eye on 0.8520 as the immediate support level, with 0.8480 as the next safety net if prices drop further. On...
Trading Opportunities in EUR/USD The current topic of discussion is the analysis of EUR/USD price behavior. On January 1, 2025, the forex market observed minimal movements due to the New Year holiday, with banks worldwide remaining closed. This lack...
