The ongoing economic and political tensions between the United States and Japan have created a complex trading environment for the USD/JPY pair, with various fundamental factors driving recent movements in the market. The Japanese yen has emerged as...
Greetings to all forum members studying and trading on the currency market. As I analyze the EURGBP currency pair, I notice that a strong support level has formed at 0.8380. I believe this level presents a potential opportunity for buyers to enter...
EUR/USD Forecast Greetings and Good Morning, guys! The US Unemployment Rate and Core PPI rate will bring volatility today, making it essential for traders to stay cautious and trade according to the new market updates. These economic indicators...
XAGUSD (Silver) Analysis Silver (XAGUSD) is trading at 33.16, approaching the key resistance level 33.49. The Moving Average (MA) Indicator, particularly the 50-period and 200-period MAs, is crucial in identifying trend direction. Currently, silver...
The EURCHF currency pair is currently trading within an ascending structure on the hourly timeframe, and I observe that today’s price action has surpassed last week’s high of 0.9635 by 15 points. However, I notice that the oscillators are signaling...