USD/ JPY Price Signals The subject of our conversation pertains to the present study of the USD/ JPY currency pair's pricing movement assessment. The price tested the support level of 158.987 and the resistance of 159.734. The day I ended below...
Hello all, If buyers manage to push the price above the 157.64 resistance, it could lead to further upward momentum. In this case, the next target for the USD/JPY pair would be the higher resistance level of 1.5123. Reaching this level would suggest...
EUR/ USD Price Developments We will discuss the current behaviour analysis of the EUR/ USD currency pair price. In this analysis, I will examine the daily chart. As observed, the euro/dollar pair remains within the descending price channel formed at...
The new trading session for the USD/CAD currency pair presented a curious scene: the US dollar under pressure despite a strengthening US Dollar Index (DXY). This counterintuitive situation stemmed from two opposing forces. On one hand, the US dollar...
Silver Price Movement The discussion currently revolves around the analysis of the Silver price behavior. Silver quotes have reached the descending channel's lower trend line on the daily time-frame. If they break through and continue declining...