Today's technical analysis focuses on the EUR/USD currency pair. The market has been in a bearish trend, which has contributed to a decline in price. Recently, the market price broke through the weekly support level at 1.0438, subsequently reaching...
The EUR/USD H1 chart displays an upward trend following a previous downtrend. The current price is 1.0476, with a recent high of 1.0481. Bollinger Bands are applied to the chart, showing price volatility and periods of contraction and expansion. The...
Technical analysis of USDJPY Today I will start technical analysis on USD/JPY. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 150.96 and above support...
General Points about USDCAD: In a broader view and considering the bullish outlook for the USDCAD market, it is possible that the pair could move further upward and break the 1.4274 level. The recent price action and buying momentum suggest strong...
USD/JPY Trading Analysis Overview of the Current Trend The USD/JPY chart clearly indicates a bearish trend, which commenced in November 2024 and appears to extend through February 2025. Towards the end of December and the beginning of January, the...
