Technical analysis of EURUSD Today I choose EUR/USD for technical analysis; the market price is falling. Why did the market rise above the 1.0358 support after breaking all subsequent supports, and the market could move up to the 1.0271 main...
Technical Analysisound Sterling struggles around 38.2% Fibo retracement at 1.2620 The Pound Sterling stabilizes around 1.2600 against the US Dollar as investors wait for more developments in President Trump’s international policies. The FOMC minutes...
AUD/USD Faces Pressure Amid Mixed Economic Data(February 20,2025) RBA Rate Cut and Economic Impact The Reserve Bank of Australia recently lowered rates by 25 basis points, bringing them to 4.10%. This decision comes as inflation cools, giving the...
Analysis of the USDJPY Pair: Support and Resistance Dynamics Current Market Overview The USDJPY currency pair has recently broken below the 151.25 support level, leading to a significant sell-side movement that aligns with the prevailing bearish...
The EUR/JPY cross has extended its decline to around 156.55 during the early European session on Thursday, as the Japanese Yen (JPY) strengthens on growing expectations of additional rate hikes by the Bank of Japan (BoJ). Meanwhile, the Euro (EUR)...