Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY is trading between minor resistance at 150.96 and support at 149.09. The market price highly respects this resistance and support level, and the price walks in this...
USDJPY Analysis . The USD/JPY pair recently broke out of the uptrend line, signaling a possible reversal after a long uptrend phase. The pair is currently hovering around the 150.33 level and is struggling to maintain the previous uptrend. The...
The EUR/USD pair remains under pressure near the 1.0500 level during the early European session on Friday, as a broad US Dollar (USD) rebound weighs on the currency pair. Traders are adopting a cautious stance, refraining from aggressive positioning...
EURUSD EURUSD outlook: The EURUSD pair continues to face downward pressure, driven by the divergence in monetary policies between the European Central Bank (ECB) and the US Federal Reserve (Fed). The Fed's hawkish stance on interest rates, fueled...
Recently, the advertisement for EUR/USD crossed the 1.0455 zone effectively. Too, the US news occasions related to the Richmond and Philly Encouraged Fabricating record were not as well superior to supportive of the dealers of EUR/USD. Nowadays, the...
