EUR/USD Analysis Update 02 July 2024 The Europeans did not support the overnight growth of their currency and after the opening of the European session, the EURUSD pair began to be sharply sold. But there is no need to rush with sales yet, the...
Forecast of EURJPY Daily time frame chart outlook: Last Wednesday, the EURJPY broke over the biggest resistance level of 171.53 on the daily time frame chart. The EURJPY even approached this price level again on Friday. However, this time, the price...
### EUR/USD Analysis: Current State and Future Projections #### Current State of EUR/USD As of now, the EUR/USD exchange rate stands at 29.435. The current trend is bearish, reflecting a gradual decline in the euro's value against the US dollar....
The USD/CAD exchange rate, which currently sits at 1.3739, has been exhibiting a bearish trend. This means that the US dollar is weakening relative to the Canadian dollar. While the market has been moving slowly, there are several factors to...
The USD/JPY currency pair is on an interesting path as it attempts to regain its upward momentum. Recently, the pair encountered significant resistance at the 155.76 level. Despite the bulls' efforts, the candlestick has not been able to break...