The GBP/USD currency pair, currently trading at around 1.2663, has shown a bearish trend recently. Market analysts and traders are closely watching the developments to gauge future movements. While the market has been relatively slow, several...
EUR/JPY Market Forecast Today The foreign exchange market is buzzing with anticipation today as two central bank events could significantly impact the EUR/JPY pair. The speech delivered by the European Central Bank (ECB) President has the potential...
What are harmonic patterns in forex trading. Harmonic patterns are based on geometric patterns, but they also apply Fibonacci proportions to determine pivot points more accurately. Many outstanding minds worked on their theoretical basis of harmonic...
According to Bailey, the good news is that inflation has returned to the 2% target. However, the central bank wants to ensure that it remains near this mark, so it has decided to keep the rate unchanged at the current level of 5.25%. Indeed, the...
The price of Ethereum (ETH/USD) has been showing signs of recovery over the past five weeks, striving to reach the significant psychological mark of $3,000. As of the latest update, ETH/USD is trading around the $3,370 region. This rebound has...