The EUR/JPY currency pair has seen a recent decline to 170.30, but it's still holding steady above a key support level at the 20-day moving average of 169.22. However, there are signs that further upward movement may be limited. On the bigger...
I'd like to add an analysis for the movement of the USDCHF currency pair. Based on my observation using the H1 timeframe chart, it's noted that the price is currently moving sideways, but its trend is still in the bullish zone as the price is above...
Regarding the broader market performance, a note from iForex Europe, a foreign exchange trading company, highlights that the US dollar has been on the rise, largely due to increasing Treasury yields. This rise in Treasury bond yields is attributed...
Upon delving into the weekly time frame chart of GBPUSD, it becomes apparent that a surge in buying activity approximately four weeks ago precipitated a notable shift in market dynamics. This uptick in momentum propelled GBPUSD above the moving...
At this moment, the AUD/USD is hovering around 0.6660, with a prevailing bearish trend. Despite the current sluggishness, I anticipate a significant movement in the AUD/USD pair in the near future. This could be influenced by various factors such as...