Tag: resistance level

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USD/JPY Price Analysis: Recovery and Consolidation at 154.00

The USD/JPY pair managed to recover from its daily low of 151.94 and ended Thursday's session unchanged at 153.93. This recovery was supported by...
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AUDUSD Price Analysis: Breaks Below Key Support at 0.6690 – Action Forex

AUDUSD has been on a downward trend since July 15, with the bears breaking through the key support level of 0.6690. The pair is...
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EUR/JPY Price Analysis: Holding Steady at 174.50 Amid Overbought Condition

EUR/JPY is currently trading around 174.30, putting a stop to its three-day decline. The daily chart analysis reveals a rising wedge pattern, which suggests...
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USD/CAD Price Analysis: Consolidation near 1.3700 Level

The USD/CAD pair is currently trading in a narrow range but is holding steady above the key support level of 1.3700 during the European...
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NZDUSD Technical Analysis: Price Approaching Key Support Level

The USD lost ground last week due to a soft US CPI report, leading to market expectations of two rate cuts by the end...

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Potential for Multiple Interest Rate Cuts by Fed Governor Waller in...

Potential for Multiple Interest Rate Cuts by Fed Governor Waller in 2025Federal Reserve Governor Christopher Waller made a significant statement on Thursday, hinting at...

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