The pair teetered near the immediate support level of 1.0948 on Thursday, caught between the anticipation of further interest rate cuts and the strengthening US Dollar. The market's delicate equilibrium hinged on these competing factors, with...
The USD/CAD pair draws new sellers during the Asian session on Friday as it attempts to capitalize on a two-day-old rebound from sub-1.3700 levels, or a roughly one-month low set earlier this week. Spot prices are trading close to the 50-day Simple...
On Monday, the USD/JPY pair exhibited notable strength, marking a significant appreciation against the U.S. dollar. The pair has pulled back from a recent low of 141.71, recovering to trade around the 147.57 level. This upward momentum reflects...
Market Analysis of USD/JPY H4 Chart Current Market Sentiment Based on the analysis of the USD/JPY H4 chart using Heiken Ashi candles, the Triangular Moving Average (TMA), and the Relative Strength Index (RSI) indicators, it appears that the market...
EUR/JPY Forum: Insights, Charts, and Reviews Introduction The EUR/JPY currency pair, representing the exchange rate between the Euro (EUR) and the Japanese Yen (JPY), is a significant focus within the forex trading community. Traders and investors...