Yesterday, the EUR/JPY currency pair demonstrated a significant movement following its interaction with a key support level. According to my technical analysis, this support level is precisely situated at 171.588. Initially, the price action saw the...
Essential EUR/USD Market Forecast Insights The euro-dollar pair (EUR/USD) has been stuck in neutral territory for the past week, offering little chance for long-term bears like myself. This stagnation comes despite some positive economic news from...
Analyzing the current situation of the EUR/JPY pair, which is at 172.26 with a bearish trend, suggests a potential for significant market movement in the coming days. Understanding the underlying factors driving this currency pair is essential to...
Crude Oil Analysis: Today, the Crude Oil price successfully declined to the support level of 80.50-81.36 during the start of the trading session. Despite this decline, it failed to break through the support range, indicating strong buying interest...
GBP/USD Analysis The GBP/USD exchange rate was trading around 1.2730, having dropped sharply during Asian trading on Tuesday. Market participants are eagerly awaiting the release of UK labor market data later in the day. Investors seem to be...