There is a fairly interesting price position in the EURJPY Market this time. It can be seen that the price is making a rejection set-up in the critical support area. EURJPY fell again in the market movement this Thursday. The price fell again until...
Investor sentiment toward Bitcoin and gold continues to strengthen, with JPMorgan noting an increasing allocation of these assets in portfolios as a long-term hedge against inflation and currency depreciation. Institutional interest is also showing...
NZDUSD Analysis The NZD/USD pair continues to post strong gains and reaches key resistance at 0.5780. The pair rebounded from recent lows and continued to climb above key moving averages. However, the price action has formed a rising wedge pattern,...
The GBP/USD currency pair on the H4 chart has shown a mixed performance this week. I observed that the week began with some upward momentum, but this growth quickly faded, leaving the pound seemingly stuck in place. While the EUR/USD pair...
As traders await the publication of United Kingdom (UK) Retail Sales data, the GBP rises against the USD and breaks over the 1.2600 mark on Thursday. In the meantime, the US dollar declined due to a dismal US jobs report. The GBP/USD exchange rate...
