I observed the EURJPY pair bouncing off the resistance at 160.417 on the 30-minute chart, signaling a potential reversal. I noted the subsequent breakdown below the support at 159.336, accompanied by significant sell-side volume, which led me to...
GBP/USD Technical Analysis: GBP/USD is hovering around 1.2620, struggling to gain momentum above 1.2650. From my perspective, the pair remains stuck in a tight range, with the 50-day SMA at 1.2600 acting as immediate support, while the 200-day SMA...
The NZD/USD currency pair is showing increasing signs of bearish momentum, with technical indicators aligning to suggest a probable decline of 20–30 pips in the near term. The pivot point at 0.5661 acts as a key inflection zone, where a temporary...
Hello. Yesterday, there was active flying in both directions across the entire market. Everyone was waiting for data on inflation in the US, which according to forecasts should have continued to decline, but in the end, the actual data showed a...
The main events by the morning: February 13 The UK economy grew by 0.1% in the fourth quarter. This exceeded forecasts for a 0.1% reduction. Growth was zero in the third quarter. The Bank of England lowered its base rate to 4.5% amid weak growth and...
