West Texas Intermediate (WTI) crude oil futures experienced a price surge to around $74.00 per barrel on the Nymex during Monday's European trading session. This upward movement was primarily triggered by the United States' decision to retract its...
The USD/CHF currency pair's recent performance presents a mixed picture, suggesting a potential tug-of-war between bullish and bearish forces. During yesterday's trading session, the pair's upward momentum stalled, failing to breach the 9-month high...
I observe that USD/CAD has experienced a significant downward movement today, breaking through interim targets and now testing the strong support level at 1.4300. Currently trading at 1.4314, I note the price is consolidating near this key level,...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning. Taking a look at this chart below, it is noticeable that USD/JPY is trading around the moving average line MA (20) at 148.85. According to my chart observations, the market is in an...
Market analysis Wednesday, February 5, 2025 USDJPY Good morning, The USDJPY pair trend journey has made the price bearish to the 154.00 area where the area is a strong support for the 4-hour time frame chart. And technically the seller has lowered...
