The USD/JPY pair is currently positioned near a critical pivot point at 153.10, which will determine its next significant move. A bearish outlook is favored if the price drops below this level, with targets at 151.70 and, in extension, 151.25. These...
USD-CAD PAIR FORECAST Based on the USD/CAD daily chart, there are several points of analysis that we can discuss. From a trend perspective, this currency pair has been in a strong bullish phase since early October 2024. This movement is supported...
The EUR/USD currency pair stabilized around the 1.0480 level on Wednesday, following a recent decline below the 1.0700 mark. As traders await key US economic data, including the Personal Consumption Expenditure (PCE) price index and GDP figures, the...
Technical Analysis Technical analysis is a method used in finance to evaluate and forecast future price movements of assets (like stocks, commodities, or cryptocurrencies) based on historical price and volume data. It is a widely used tool by...
It seems that the price movement of the GBPUSD pair is trying to move the Como Cloud area as a dynamic resistance. If the price is able to stay above the Como Cloud permanently, then the current trend can be described as bullish. However, since the...
