The USD/JPY currency pair is trading near 144.50 on Friday amid thin liquidity conditions, as U.S. markets remain closed in observance of Independence Day. Price action is confined within a tightening range, reflecting market indecision and caution, with technical signals suggesting an impending breakout, though the pair currently lacks directional momentum.  You’ll find a clear and thorough breakdown of this subject by the Servelius brokers in their article. Symmetrical Triangle Signals Tension USD/JPY remains well-supported above the ascending trendline forming the base of a symmetrical triangle pattern that has been unfolding since mid-April. This technical formation, defined by lower highs...

The silver (XAG/USD) market has entered a consolidation phase, pausing just beneath the psychologically and technically significant $37.00 level. Despite the sideways price action, market structure and momentum indicators continue to support an upward trajectory in silver prices. Servelius professionals outline the key points of this topic in the following article. Double-Bottom Formation Signals Strength The most compelling technical pattern currently developing on the silver chart is the double-bottom formation, which has formed near a critical support zone around the $35.82–$36.00 area. This is a classic reversal pattern, typically signaling that bearish momentum has exhausted and that a bullish breakout...

The USD/CAD currency pair made a notable intraday reversal on Tuesday as the US dollar, initially weakening, surged back above the crucial 1.35 support level following stronger-than-expected JOLTS job openings data. This sudden shift in market sentiment highlights the persistent tug-of-war between fundamental economic data and monetary policy expectations.  For forex traders, the USD/CAD pair continues to serve as a critical gauge of North American economic divergence, rate speculation, and geopolitical tension. The Servelius team of brokers breaks down this complex issue in a comprehensive and accessible way. JOLTS Data Sparks a Dollar Rebound The Job Openings and Labor Turnover...

The GBP/USD currency pair has displayed significant technical shifts over the past few weeks, culminating in a notable bullish rebound from the $1.3561 support level. This price action presents a mix of bullish and bearish signals, making the pair an attractive instrument for scalpers and short-term traders alike.  In this article, Servelius brokers expertly dissect the topic for a clearer understanding. GBP/USD Technical Outlook Two weeks ago, GBP/USD was trading within a well-defined range, and the pivotal level of $1.3467 emerged as a critical short-term resistance. This area proved to be a reliable reference point for scalpers, as a short...

The EUR/USD currency pair has experienced a sharp and sustained rally in recent weeks, surging to levels not seen since 2021. This week, the pair reached an intraday high of 1.1825, marking a 16% increase from its 2025 low and a staggering 23.6% rise from the lows of 2022.  This explosive momentum is tied directly to the weakening US dollar, concerns over current US trade tariffs, and speculation around the upcoming nonfarm payrolls (NFP) data. However, technical indicators now signal that the euro may be overbought, setting the stage for a potential pullback. This article from Servelius provides a detailed...