USD/JPY has shown strong price action around the 151.80 pivot level, reinforcing the possibility of an upward movement of 69 to 134 pips, with targets at 152.85 and 153.50. The presence of a firm support base at 151.80 indicates that buyers are...
EUR/USD recovers some of its intraday losses and rebounds to near 1.0300 but renewed fears of US President Trump’s tariffs keep the outlook uncertain. EUR/USD recovers to near 1.0300 after a weak opening around 1.0280 in Monday’s North American...
GBP/USD continues to struggle against downward pressure, with 1.2425 serving as a major resistance level that has consistently rejected bullish advances. As long as price action remains below this key threshold, the probability of further declines...
Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a sell zone as the price is now targeting to break the rising red channel, which represents the general trend during the...
Since October of the previous year, the USD/CHF currency pair has experienced a significant uptrend, with the U.S. dollar appreciating by over 9% against the Swiss franc. This movement reflects a broader trend in which the dollar has strengthened,...