Technical analysis of EURUSD Today I choose EUR/USD for technical analysis; the market price is between 1.0358 resistance and 1.0265 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
Current Analysis of the USD/CAD Pair The USD/CAD currency pair is currently trading within a prolonged sideways range, oscillating between 1.4258 and 1.4512 on the daily time frame. This range reflects a state of indecision in the market, where...
USD/JPY Market Analysis Daily Timeframe Overview: The USD/JPY pair is in a strong downtrend on the daily chart. Yesterday, the price tested the 144 support level, faced rejection, and then surged up to 155 before closing at 154. The daily candle...
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GBP/USD Fundamental Analysis: The pound is struggling today as economic concerns weigh on sentiment. UK retail sales have come in weaker than expected, highlighting cautious consumer spending. At the same time, uncertainty around the Bank of...