General points about USD/CAD: Currently, the USD/CAD market is trading at the 1.4335 level, which is a support zone from where the market could move downward. The level has previously acted as a turning point for price movements. If selling pressure...
Technical Analysis of AUDJPY The AUDJPY currency pair is currently trading at 93.938, reflecting a consolidation phase within a defined range. The pair is positioned between a key resistance level at 94.515 and a support level at 92.840, indicating...
EUR-JPY PAIR ANALYSIS Given the current conditions, there are several scenarios that can be considered for entry positions. If the price remains above the nearest support of 160,624 and shows bullish signs such as a candlestick reversal or a small...
USDJPY Technical Analysis March 6, 2025 Forex Analysis - Technically, I see that the USDJPY pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following USDJPY 1 Hour Time Frame...
AUD/USD: Market Jitters Keep Traders on Edge(March 6,2025) What’s Driving the Market Right Now? The Reserve Bank of Australia (RBA) is keeping interest rates at 4.35%, showing no rush to make changes. Inflation is cooling, but not enough to justify...
