February 5, 2025 The EUR/USD pair is trading around 1.0390, reflecting a slight decrease from the previous session's close of 1.0345 The USD struggles to lure buyers amid Fed rate cut bets and lends support to the major. Concerns about Trump’s...
GBP-JPY PAIR REVIEW The Japanese Yen currency outlook strengthened again after the release of Average Cash Earnings y/y data which jumped 4.8% from the previous data of 3.9%. In fact, the results of the data release were higher than the market...
The EUR/JPY H1 chart presents a clear downtrend after reaching a peak near 165.25, with price action consistently forming lower highs and lower lows. The red moving average, likely a short-term SMA or EMA, confirms bearish momentum as price remains...
BTC/USD H4 chart: Today, the BTC/USD market shows a strong upward movement, trading at 97980. Yesterday, Bitcoin tried to break the 100 EMA on the H4 chart and encountered resistance at 101,500 but could not maintain momentum. As a result, BTC/USD...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning. Taking a look at this chart below, it is noticeable that USD/JPY is trading around the moving average line MA (20) at 148.85. According to my chart observations, the market is in an...
