EUR/USD Market Movements We'll analyze the EUR/USD price changes in our discussion. The EUR/USD pair has shown a modest recovery on the daily chart, climbing from the 1.01785 support zone and currently trading near the 1.04092 level. This recovery...
USD/JPY Price Forecast: Technical outlook USD/JPY retreats from six-day high as U.S. Initial Jobless Claims suggest labor market cooling. Bank of Japan meeting likely to see 25 basis point rate hike, contrasting with Fed's steady stance. Global...
XAG/USD Technical Analysis and Forecast The XAG/USD market is in a bearish trend today, hitting a low of 30.05 and then retracing to the current level of 30.45. The price tested the support level 30.10 but failed to break it, leading to a bullish...
USD-CAD PAIR FORECAST I tried to see the potential movement on a smaller timeframe in this case using the H1 chart. It can be seen that the price movement for one week in a row represented by a more dominant candlestick arrangement is bearish. ...
AUD/USD Technical Analysis: The AUD/USD pair has been in a consolidation phase recently, holding between solid support at 0.6800 and resistance at 0.6900. At the moment, it's testing the 0.6850 level, which I see as a key area. The 50-day moving...