Recent movements in the currency pair GBP/USD reflect significant shifts driven by central bank decisions and key economic indicators. Following the Bank of England's (BoE) recent policy adjustments, GBP/USD is forming a 'hammer' candlestick...
Technical Analysis of USD/JPY The Japanese yen continued to strengthen last trading week, reaching the local range again. Having reached the 143.53 barrier, the price recovered and continued to decline, reaching 140.80 at some point, from where it...
The EUR/USD price action is currently in a strong upward trend, showing aggressive movement. Based on today’s price action, it appears that the pair could reach the daily resistance level at 1.1199 and potentially move beyond that. So far, the price...
The recent price action has showcased significant momentum, primarily driven by multiple liquidity grabs and the formation of displaced liquidity (DLiq) zones. After reaching top liquidity zones in May and again in June, the market moved downward...
The EUR/USD currency pair is currently trading at 1.1141, reflecting a bearish trend in the market. This downward movement indicates that the Euro is losing value against the US Dollar, which has been influenced by various economic factors,...