The Spot price has been trending upwards, reaching around 154.50 during the early Asian session on Monday. However, it has since pulled back slightly as the US Dollar (USD) retreats from a nearly three-month high achieved in the previous trading...
EUR-JPY PAIR ANALYSIS I will try to analyze the EUR/JYP currency pair on the H4 timeframe. For the EUR/JYP currency pair, the price conditions are also the same, playing above the Moving Average Indicator period 21 and also the Moving Average...
GBP/USD moved higher on Monday after falling 1% last week. In the European session, GBP/USD is trading at 1.2747, up 0.30% on the day. Services in the UK are improving, ticket production UK services PMI rose to 51.4 in December from 50.8 in...
The Kiwi pair remained under pressure during the Asian trading session on Monday, hovering around 0.5775. A mix of domestic and external factors continues to weigh on the New Zealand Dollar (NZD), with the expectation of another rate cut by the...
Technical outlook: Gold price Gold prices increase despite a slight rise in the US Dollar following mixed PMI data. Investors await the Fed’s interest rate decision and economic projections, expecting a 25 bps cut on Wednesday. The market speculates...
