EUR/USD Price Reaction The EURUSD pair price now appears to be correcting down after the rally stopped at the high price of 1.0534. If the price is still consistently moving above the psychological level of 1.0400, the bullish trend direction will...
I welcome everyone to the world of financial investments. I want to conduct a technical analysis for a potential market entry on the USDCAD pair. I see from the chart that a strong support level has formed at 1.4370. I believe that profit on the...
January 29, 2025 The USD/JPY currency pair is trading around 155.50, reflecting a modest recovery from its recent six-week low near 153.70. This rebound is attributed to renewed demand for the U.S. dollar, influenced by U.S. President Donald...
EUR/JPY As of today, January 29, 2025, EUR/JPY is trading in a sideways range, bouncing between 161.60 support and 163.25 resistance. The price action remains indecisive, but the stochastic oscillator signals some bearish momentum. If the pair...
Fundamental Analysis: Recent economic indicators from the Eurozone reveal a mixed outlook, particularly regarding the Purchasing Managers' Index (PMI) data. The German Manufacturing PMI is projected to rise to 42.7, while the Services PMI may see a...
