USD Index Shows Strong Momentum, Approaching Critical Resistance: Last week ended positively for the USD Index, which closed higher at 104.93, marking a bullish trend from its starting point at 104.81. Currently, it is testing the significant 105.18...
The US dollar is on a roll against the Japanese yen, nearing the level that triggered intervention by Japanese authorities just a couple months ago. This climb comes despite weak US housing data, as a preliminary economic indicator pointed to...
GBP/USD Hello everyone who is awake! I continue to analyze GBP/USD, now on the weekly timeframe! At the time of day, I wrote about the fact that the price will continue to decline, a bearish trend is gradually forming, the price has already entered...
The EUR/GBP currency pair has been in a steep decline recently, after being stuck in a narrow trading range for most of the year. This lack of movement suggests indecision among market participants, but the recent breakout to the downside indicates...
EUR/JPY: The EUR/JPY pair remains bullish, with the broader uptrend still intact, underpinned by robust support levels. The support zone positioned around 169.00-170.00 is expected to hold firm against any significant downward pressure, while the...