Thanks for your feedback! We understand that accessibility matters, especially for beginners. We'll definitely share your suggestion with our team—your input helps us improve. 🙌
The USDJPY pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 145.60, which represents the current intraday swing low and the falling resistance trendline level.
In the short term, an oversold rally from current levels, followed by a bearish rejection at the 145.60 resistance, could lead to a downside...
Recent price action in USDCHF suggests an oversold bounce, with resistance capping gains at the 0.8300 level.
The continuation of selling pressure could extend the downside move, with key support levels at 0.8130, followed by 0.8090 and 0.8050.
Alternatively, a confirmed breakout above 0.8300, accompanied by a daily close higher, would invalidate the bearish...
The USDCAD pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 1.4060, which represents the current intraday swing low and the falling resistance trendline level.
In the short term, an oversold rally from current levels, followed by a bearish rejection at the 1.4060 resistance, could lead to a downside...
Key Support and Resistance Levels
Resistance Level 1: 2133
Resistance Level 2: 2175
Resistance Level 3: 2240
Support Level 1: 1970
Support Level 2: 1910
Support Level 3: 1840
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not...
The USD continues to rally, driven by:
A strong rebound in US Consumer Confidence, reversing a six-month downtrend.
A decline in the number of Americans expecting a recession, improving risk sentiment.
This positive momentum helped offset weaker April Durable Goods Orders, which reflected business concerns tied to Trump’s tariff policies.
Trump Signals Progress...
Trend: Overall bearish sentiment continues, in line with the dominant downtrend.
Recent Price Action: The market is in a sideways consolidation, signaling indecision after recent declines.
Key Levels
Resistance:
6700 – Main resistance and pivot level.
Above that: 6860, then 7000 – Upside targets if bullish breakout occurs.
Support:
6350 – Initial downside...