The chart represents the hourly price movement of the EUR/JPY currency pair, showcasing a series of distinct trends and market patterns. By analyzing the chart, it becomes apparent that the asset has been fluctuating within defined support and...
The EUR/USD currency pair exhibited a lack of clear direction on Tuesday, fluctuating around the 1.0400 mark. This indecision stemmed from a confluence of factors, primarily the subdued economic data releases from both Europe and the United States....
The USD/CHF pair demonstrates a clear bearish bias, with a projected decline of 23 to 34 pips aligning with the prevailing negative market sentiment. The pivot point at 0.9080 stands as a decisive resistance level, anchoring this bearish...
The GBP/USD currency pair experienced a turbulent trading session on Tuesday, characterized by significant price swings driven by global capital flows into and out of the US dollar. While the UK released mixed labor market data, met with skepticism...
The NZD/USD pair is displaying strong bullish potential, with forecasts pointing to a rise of 28 to 41 pips. At the core of this analysis is the pivotal support level at 0.5650, which serves as the linchpin of the current bullish scenario. This...
