Tag: Support 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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EURUSD Price Action Analysis: 4-Hour Chart MA Break and Swing Area Test

The EURUSD has experienced a downward rotation due to rising yields, despite weaker ISM data and a ruling in favor of Donald Trump by...

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The Shift from ‘Great Resignation’ to ‘Great Stay’ Explained by Labor...

The U.S. job market has seen a significant shift from the 'great resignation' to the 'great stay,' a term coined by labor economists to...

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