GBP/USD Analysis The GBP/USD exchange rate was trading around 1.2730, having dropped sharply during Asian trading on Tuesday. Market participants are eagerly awaiting the release of UK labor market data later in the day. Investors seem to be...
USD/JPY currency pair. Consequently, I am not considering entering the market at this moment. I only await a signal if the price drops below this ascending channel. In that scenario, the bull must make a bullish correction from the support level...
Forecast of EURJPY Weekly time frame chart outlook: More than two years have passed since the price last ran in the upward channel on the weekly time frame chart. The price increased and declined numerous times within this ascending channel,...
The trading week for gold has concluded with a notable development. Despite an initial upward movement that completely closed the sell zone imbalance, the price sharply reversed downward. This reversal formed a pin bar with a tail in the sell zone,...
GBPUSD Today, Saturday and Sunday, it is completely quiet. This gives us the opportunity to review last week's GBP/USD prices and discuss what's coming next week. Looking at the H4 chart, it can be seen that the GBP/USD parity has fallen between...