EUR/ JPY ANALYSIS EUR/JPY consolidated after the preliminary Eurozone PMI data showed mixed results. The euro found some stability as the manufacturing retail sales managers’ index data came in stronger than expected, but further gains were capped...
Core Points about USDCHF: Last night, the USD/CHF market reached the 0.9010 level, which confirms that sellers are gaining strength. The downward movement in the pair reflects increasing bearish pressure, signaling a stronger position for sellers....
Currently, I observe that the EURJPY pair is trading at 157.330, slightly above the nearest support level of 157.135. I believe buyers currently hold an advantage, as they are gradually pushing the price higher. I see potential for the pair to reach...
The GBP/NZD currency pair in the H1 timeframe is currently exhibiting signs of bearish momentum after failing to maintain its previous upward movement. The price is trading around 2.1960, fluctuating near a key support/resistance level. Bollinger...
USDCAD Daily Time Chart Analysis (updated) The USD/CAD pair reached a two-month low, finding support at 1.4150. The pair is under pressure after a breakout of the ascending channel and a bearish crossover between the 20-day and 50-day simple moving...
