The price test of 157.55 occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry point to sell the dollar. As a result, the USD/JPY pair was down 50 pips. Last week's data and the Bank...
Greetings and Good morning to Everyone! We can observe a selling scenario on EUR/JPY today. Although there is no particular news event affecting the EUR/JPY market, we can still make informed decisions by following the market from a technical point...
The single European currency is trading close to the 1,07 level at the open of the new week which is little changed trying to limit the previous week’s losses. The dust from last week’s euro election development has not yet settled with the result...
Technical analysis of the GBPUSD pair 1-hour chart For two previous trading days, the trend was down, and therefore trading was opened today within price channels with a downward trend. The price has moved in a sideways direction so far, and we...
Euro analysis: EUR/USD, EUR/GBP, EUR/CHF UK data is in the spotlight again this week, with headline and core inflation expected to expand further on the progress made in April, but the Bank of England (BoE) remains highly focused on services...