Technical analysis of EURUSD Today I will start technical analysis on EUR/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance and above support. If the...
EUR/USD PAIR REVIEW ANALYSIS Currency pair EUR/USD - let's take a look at the D1 chart. At the start of this year, sellers were quite active, seeing a significant decline of about 150 points. The overall wave structure continues to trend down, and...
•••EUR/USD Market Moves: January 7, 2025 – The Dollar Holds Strong, The Euro Faces Challenges••• • Right now, EUR/USD is hovering around 1.0402, showing a slight uptick from recent lows. The market feels a bit muted at the moment, but beneath the...
CAD / JPY: An Hourly Time Frame Recommendation The Japanese Yen was strong enough in the last few days, showcasing consistent performance in the market. The primary reason for the weakness of the Canadian Dollar was negative news data combined with...
The chart displays the price movement of crude oil on the H1 (hourly) time frame. Currently, the price is trading around $73.51 after experiencing a slight pullback from its recent high near $74.75. The overall trend indicates a mix of bullish and...