The pair has been exhibiting strong upward momentum throughout this week, breaking through key resistance levels and consolidating above them. I observed that the resistance at 1.26595 was breached, and the price stabilized above this level,...
The USD/JPY H1 chart shows a downward trend over the past several weeks. The price has been moving lower, with a clear series of lower highs and lower lows. The Bollinger Bands, which measure volatility and trend strength, indicate that the market...
EUR/USD Market Analysis: Sunday Review As the trading week comes to a close, the EUR/USD daily chart reveals a decisive upward move, with the pair closing at approximately 1.08330. This rally marks a significant bullish momentum, suggesting that the...
Hello! Let’s start by discussing the recent trends in the EUR/USD currency pair, which has been experiencing a steady upward movement over the past week. Previously, we observed attempts to break through the 1.0500 level, accompanied by a period of...
Greetings! When analyzing the EUR/USD currency pair on a monthly timeframe, it indeed appears to be in a consolidation phase. However, I tend to focus more on the weekly analysis. Recently, EUR/USD bounced back from the support level at 1.0200 and...
