Technical analysis of the USDJPY pair During the previous two weeks, the price moved in a sideways wave and then in an upward wave, which led to the opening of trading this week within upward price channels. At the present time, the price is...
The GBP/JPY currency pair experienced a decline during the European session on Friday, trading around the 193.00 level. This downward movement followed the release of disappointing economic data from the UK. The Office for National Statistics...
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GBP / USD: An Hourly Time Frame Recommendation The price of GBPUSD hit the 1.2615 level on Friday, which indicates that the bulls are weak these days. The recent downward pressure on GBPUSD reflects a lack of strong buying momentum, leaving the...
AUD/USD Analysis – H1 Timeframe As we analyze the H1 timeframe chart for AUD/USD, the price is currently trading around 0.63720. Recent price action indicates that the market is in a sideways movement, and we have not yet observed any significant...
