EUR/USD EUR/USD outlook: The EUR/USD pair, hovering around the 1.0308 mark as of January 10, 2025, presents an interesting situation for forex traders. The eurozone faces a deepening economic slowdown, with key indicators like the composite PMI...
The recent release of inflation data has triggered a pullback in the broader currency market, with the data bolstering expectations for an interest rate hike by the Bank of Japan (BoJ) in January. The BoJ’s December monetary policy meeting Summary...
Forecast of EURUSD As I indicated in the accompanying diagram, I have noticed that the price of the EURUSD has been moving in a downward channel over the past few trading days on its daily time frame chart. Since Tuesday of this week, the price has...
The GBP/JPY pair experienced a significant decline on Thursday, reaching its lowest level in nearly a month and approaching its critical 200-day Exponential Moving Average (EMA). This downturn reflects a prevailing cautious market sentiment,...
EUR/GBP On the hourly chart, the channel has a different direction from the movement on M15. Therefore, sales to the younger period are of a corrective nature. The seller will try to go down to the buyer, whose volumes for purchase are located near...
