Tag: Technical analysis

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps...

The USD/JPY pair surged to a new multi-decade high above the 160 level on Wednesday, signaling a strong bullish momentum in the market. Despite...

USDJPY is currently trading below the critical 160 level with weak momentum. There are signs of overbought conditions, indicating that sellers may be waiting...

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...

EUR/USD is currently in a consolidation phase after reaching 1.0667, and the short-term bias is neutral. The resistance level at 1.0760 is expected to...

This week, the focus will be on speeches by Fed officials, with five out of eight scheduled appearances featuring hawkish members. This could push...

The EUR/USD pair saw a bounce on Monday as traders took profits from the previous week's fall. Despite weaker than expected German Ifo data,...

Bitcoin faced a drop in price recently, despite positive news on inflation and growth. The drop was mainly due to a breach in key...

The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This...

The USD/JPY currency pair's daily forecast shows that the intraday bias is currently on the upside. The ongoing rally is expected to reach the...