Technical analysis of USDJPY Today I choose USD/JPY for technical analysis, the market price has dropped a level and is now closer to the trendline, which is helping the price to move higher. After touching the market price resistance level at...
GBP/USD Technical Analysis: GBP/USD is holding around 1.2600, but it’s struggling to break above 1.2650, which has been a tough resistance level. The 200-day SMA near 1.2550 is acting as a solid support, keeping the pair from dropping further. If...
The AUD/USD pair faced downward movement around the 0. 6400 mark after the SP Global PMI figures for February were made public in the US. Although traders view the government's tariff plans as less harmful than previously thought, the dovish stance...
The GBP/JPY currency pair has exhibited notable volatility, influenced by a confluence of economic data and political developments. Initially, a surge to approximately 190.70 was observed during early European trading on Friday, primarily fueled by...
As of February 23, 2025, the Australian Dollar (AUD) is trading at approximately 0.6360 against the US Dollar (USD). This exchange rate reflects a slight appreciation from earlier in the month, influenced by various economic factors and recent...