The GBP JPY price breaking through the 200-day moving average suggests the possibility of further decline. This could be a signal to enter a sell position, especially if the price continues to fall below the 200-day moving average. When the price...
The EUR/USD currency pair extended its downward trajectory on Thursday, declining by 0.18% to trade around the 1.0305 level. This marked the third consecutive day of losses, highlighting the ongoing challenges facing the pair in mounting a sustained...
EUR/USD Market Outlook Greetings and Good Morning to everyone! The buyers of EUR/USD shouldn't be losing their value consistently. However, It is time to come back and they can cross the 1.0300 zone this week. Moreover, the CPI, which measures the...
The AUD JPY pair's price showed a downward trend last week, despite briefly rising above the 99.00 psychological level. The ongoing downward movement was able to drop below the 67.00 psychological level, with a price decline of more than 200 pips....
Gold prices demonstrated resilience on Friday, extending their winning streak to four consecutive days despite a robust U.S. Nonfarm Payrolls report. While the strong job market data initially dampened investor sentiment, leading to a sharp decline...
