EURUSD Analysis - Buyers Cease Buying as the Market Becomes Oversold The EURUSD downtrend halts as the price retraces upward. According to the Stochastic Oscillator, the market is currently oversold. The indication of the oversold state has led to a pullback to the upside. Since the market's …
The Japanese yen receives a boost with the G-7's renewed currency pledges. Recommitting to their foreign exchange policy, the Group of Seven acknowledges the potential adverse impacts of significant market fluctuations. This stance allows member nations, including Japan, flexibility in safeguarding …
Market Analysis - Price Hits 0.98480 Major Resistance EURCHF experiences a market structure shift to the downside after hitting the 0.98480 major resistance. Before the recent market structure shift, the market was bullish owing to the reversal at the 0.92540 support. The trading range of the …