USD/JPY Technical Analysis: The USD/JPY pair seems to be stuck in a consolidation phase for now. As of today, it’s hovering around 132.50, with immediate support around 131.80 and resistance at 133.00. If the price breaks above 133.00, I’ll be...
I believe the USD/CAD pair presents a compelling opportunity for traders, especially given the current market dynamics. I observe that the U.S. dollar is strengthening significantly, which is providing strong support for the pair’s upward momentum....
Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows the continuation of the upward trend of the price after two weeks of sideways trading. During the previous two trading weeks, the price continued to...
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Currency pair GBPJPY - let’s look at the D1 period chart today. The wave structure here is descending. After the last wave of decline updated the minimum of the previous one at the beginning February, the third wave went down. The MACD indicator is...
