The Japanese Yen (JPY) is exhibiting notable strength, reversing earlier losses and maintaining its position near multi-month highs against the weakening US Dollar (USD). This resilience is largely attributed to growing market consensus that the...
Greetings and Good Morning, guys! Yesterday, the US ADP Non-Farm Employment Changes data showed a significant drop from 141K to 77K, which weakened the USD considerably. This decline in employment growth raised concerns about the strength of the US...
I have been closely monitoring the NZD/USD pair, and as expected, it failed to break through the support at the lower border of the ascending channel. Instead, I observed that the price rebounded from the level of 0.55850 and began to move upward....
USD/JPY Pair Price Action Analysis The USDJPY currency pair, if we look at the weekly trading time frame (W1), there is currently a death cross pattern formed between the 7-period moving average indicator application to close the exponential method...
Technical analysis of USDCAD Today I chose USD/CAD for technical analysis; the market is currently trading below the 1.4419 resistance level in an uptrend. The market price moves up the trend line to help you push the price higher. With the help of...
