The Cable remains under pressure, trading below the key psychological level of 1.2800 during Monday’s Asian session. Currently positioned near its lowest level in weeks, the pair is weighed down by a fundamental backdrop that strongly favors bearish...
Points Take Away about EURUSD: Current week, several key news events are scheduled, including the ECB Monetary Policy meeting, CPI rates, and OPEC meetings, which are featured prominently on the weekly calendar. These events are likely to have a...
The price showed signs of strength on Monday as the US Dollar (USD) retreated, potentially driven by uncertainty surrounding key US economic data. However, trading volumes in the JPY were muted due to the closure of Japanese markets for Sports Day,...
The pair faces continued pressure as market participants react to disappointing updates on China's stimulus efforts. The National Development and Reform Commission of China acknowledged challenges from complex domestic and international environments...
GBP/USD Price Movement Patterns Our discussion analyzes the current pricing behavior of the GBP/USD currency pair. The GBP/USD pair is displaying strong bullish momentum on the H4 timeframe as it begins the trading week, currently trading around...