The US dollar has shown a strong upward boost against the Japanese Yen in Wednesday's early negotiation, approaching a critical level around 149 yen. This price zone has previously acted as support and resistance, so it is a key level to see. A...
As of March 12, 2025, the USD/CAD currency pair is trading at approximately 1.4485, reflecting a complex interplay of technical patterns, fundamental economic indicators, and recent monetary policy decisions. Current Market Scenario: USD/CAD ...
AUD/USD Technical Analysis: Right now, AUD/USD is stuck in a bit of a range, with resistance around 0.6600 and solid support near 0.6520. The 50-day SMA is acting as a ceiling, while the 200-day SMA still leans bearish unless we get a convincing...
Market Analysis: US Dollar/Japanese Yen Pair Recent Price Movements The US dollar/Japanese yen pair has recently broken above a significant resistance level at 150.72, reaching an intermediate level of 151.30. However, sellers quickly regained...
Forecast of GBPUSD The lower time frame charts reflect the current trade activity on many currency pairings. On the H1 and H4 time frame charts, I noticed that the GBPUSD price is trading within the range zones. Because market volatility was at its...
