General Point about GBPUSD: The GBP/USD market has been under significant pressure in recent sessions, largely due to seller dominance. Despite the relatively positive economic data from the UK, including the Flash Services PMI rate, Claimant Count...
Traders should approach the currency pair with caution, particularly given the current mix of economic and geopolitical risks influencing the market. The pair has recently shown a modest rebound after declining, but the overall sentiment remains...
USD/CHF Technical Analysis: Overview and Outlook Current Market Situation: The USD/CHF market declined today after reaching an intraday high of 0.8975. It is currently trading around 0.8923, showing signs of weakness. On the daily chart, the USD/CHF...
USD/JPY: Simple Trading Tips for Beginner Traders December 17 (US Session) Trading analysis and trading advice for the Japanese yen The price test of 154.18 occurred when the MACD indicator moved well above the zero mark, significantly limiting the...
EUR/USD Technical Analysis and Outlook The EUR/USD market is currently trading near 1.0500 and testing the key support on the hourly chart. The EUR/USD market price is interacting with the 100 simple moving average near the support level of 1.0495....
