Technical analysis of AUDJPY The AUDJPY pair closed on Friday at 94.872, positioning itself between key technical levels. The support level is identified at 94.572, while the resistance level stands at 96.789. These levels are critical for...
General Points about GBPUSD: The GBP/USD market continues to show strength as buyers maintain control, indicating a bullish trend. We can see that the GBP/USD market is still under buyers' control, which suggests that the momentum is in favor of...
The hourly chart for GBP/USD from February 18 to February 21 indicates notable price action during this period. Following February 18, the market displayed a significant upward trend, as the price gradually increased. Throughout this uptrend, the...
Market Fundamentals: The Federal Reserve’s reinforced hawkish stance has driven US Treasury yields higher, with the 2-year yield climbing to 4.42% and the 10-year yield reaching 4.80%. This surge in yields continues to bolster the US dollar, keeping...
Weekly Analysis of EUR/JPY Pair Current Market Position The EUR/JPY pair is currently approaching a significant triple bottom formation on the daily chart, with a notable low at 155.56, which serves as a strong support level. If the price respects...
