I observe a strong bearish trend on the hourly market chart, which informs my current strategy. I identify the upper boundary of the descending channel at **0.56345** as a critical resistance zone, and I plan to wait for a retest of this level...
The EUR/JPY exchange rate experienced a slight uptick, trading around the 159.95 level during early European trading on Tuesday. This modest rise was influenced by improved investor sentiment following the US decision to postpone planned tariffs on...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis; the market price is between 1.0358 resistance and 1.0265 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
AUD/USD The AUD/USD pair is struggling near 0.6200 today, having recently hit a five-year low at 0.6087. This drop is largely due to rising trade tensions after the U.S. imposed hefty tariffs on imports from Canada, Mexico, and China. Given...
EUR/USD Analysis As of now, the EUR/USD pair is trading at approximately 1.0316. Analyzing the daily chart reveals that the European currency is currently in a downtrend and is moving along a support trendline. The most likely scenario suggests that...
