The USDJPY currency pair has been exhibiting significant price action recently, with the current price standing at 149.30. The analysis suggests that it is not overbought or oversold, indicating a stable market condition that supports potential...
The AUD/USD 1-hour chart illustrates a clear downtrend, with the pair trading around 0.66708, consistently making lower highs and lower lows since early October. The price has been struggling to find significant upward momentum, with attempts to...
The euro fell slightly in early trading on Wednesday but quickly rebounded, suggesting a potential recovery effort. This reversal suggests that the euro could attempt another rally and challenge the 200-day exponential moving average (EMA), a...
The pair is experiencing a moderate decline, retracing some of its previous gains after an approximately 2% rally over recent sessions. This movement reflects the ongoing divergence in monetary policy between the Federal Reserve (Fed) and the...
Silent Points of USDCAD: Yesterday, the negative data from the Canadian Consumer Price Index made the CAD weaker. Hence, the market crossed the 1.3788 level today. According to this sentiment, I suggest that the market is oversold, and a bullish...