The chart depicts a trend line (short-term) with shaded confidence intervals over a date range from May 15, 2024, to July 1, 2024. Here is a detailed description and analysis of the chart: ### Description: 1. **X-Axis (Date)**: - The x-axis...
Fundamental Analysis On Friday, the EUR/USD pair dropped lower, reaching 1.0670 before rising to the 1.0700 milestone in the US trading session. Following a significant movement in voter mood towards right-of-centre political parties in the recent...
Forex and Cryptocurrency Forecast for 17 – 21 June 2024 EUR/USD: Hawkish Sentiments of the Fed As expected, the key day of last week was Wednesday, 12 June. After the publication of inflation data in the USA, the dollar came under strong pressure....
The USD/JPY currency pair has been exhibiting a notable bullish trend this month. Since the trading sessions in March, the price has been consistently moving upwards, culminating in reaching the price level of 157.48 as of last week. This persistent...
USD/ JPY/D1 USDJPY has been marking time in one place in a narrow price range for several days now. The bulls are making attempts to turn the situation around and send the pair north. You need to wait for the daily candle to close above the first...