Technical Analysis

EUR/USD near-term Outlook is Bullish with 1.10510 Resistance

EUR/USD Technical Analysis The daily chart outlook of the EUR/USD currency pair shows somewhat bullish sentiment. The prices are struggling to move past the initial resistance at 1.10510. A break above this level would strengthen the near-term outlook for EUR/USD. On the downside, the initial support is provided by the black trend line. Below this, …

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USD/JPY reaches near critical resistance 138 – A key level to Watch

USD/JPY Technical Analysis The technical outlook of the daily chart of the currency pair USD/JPY shows signs of a strong bullish trend. The price is moving above the Ichimoku cloud and has reached its critical resistance level of 138. This level offered great support to the pair in November 2022 from a massive fall. Furthermore, …

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The greater the difficulty, the more the glory in surmounting it.

Epicurus