The Euro dropped against the Japanese Yen on Friday due to a combination of political and economic factors. In France, the centrist Ennahda Party, facing low approval ratings after unpopular reforms, announced snap elections fearing a far-right...
The USD/JPY currency pair has several important resistance and support levels that traders should closely watch. Currently, the high resistance level is 157.13, with another significant resistance at 155.76. These levels have proven to be strong...
Crude Oil Price Signals The Crude Oil price behavior analysis is a matter for discussion. By the end of the trading week, WTI futures quotes had secured a position above the upper limit of the descending daily channel. However, this position is only...
Price Action Unveiled: USD/ JPY We are delving into the current analysis of the USD/ JPY currency pair's pricing movements. On this chart, I have marked the zone where the estimated liquidity of USDJPY was probably at the top and subsequently...
XAU/USD Technical Analysis: For over a month, the XAU/USD pair has been stuck in a narrow trading range between 2322 and 2310. During this time, selling pressure has increased significantly, while buying interest has waned. Current technical signals...