EURUSD EURUSD Long Euro vs US Dollar
EURUSD
EUR/USD is trading inside an ascending channel on the H4 timeframe, showing a bullish structure with higher highs and higher lows. Price recently bounced from the lower trendline near 1.1720 support and is now moving toward the 1.1775 resistance area. If buyers maintain momentum above 1.1775, the next upside targets are 1.1800 and 1.1835. A breakout above 1.1835 could confirm stronger bullish continuation. On the downside, failure to hold above 1.1720 may push the pair back toward 1.1590 support. Overall trend remains bullish while price stays inside the rising channel.
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HamadJatoi Hamad Jatoi 2026.05.08 13:08
USDJPY USDJPY Short US Dollar vs Yen
USDJPY
USDJPY — Currency Strength View JPY is the strongest currency today (+593 pips, 6/7 coherence). 6 of 7 JPY pairs confirm the direction. USD is the weakest (-392 pips, 7/7 coherence). All 7 USD pairs confirm the weakness. Maximum spread: 986 pips between the two baskets. MATTRIX BasketViewer suggests: USDJPY SELL When both sides show high coherence, the move tends to follow through. In Chart Veritas — confirm with your own analysis. #Big8 Sum = 0 | mattrix8x.com
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MATTRIX8x Matthias Wilhelm Scholz 2026.05.06 07:48