The GBP/USD pair continued its downward trajectory for the third consecutive trading day on Thursday, hovering near the 1.2360 mark during the Asian session. A technical analysis of the daily chart reveals a prevailing bearish sentiment, with the...
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...
USD/JPY hovers near 158.00 as it retreaces due to US economy creating 256,000 jobs last month, surpassing the forecasts. The US unemployment rate drops to 4.1%, with average hourly earnings slightly decreasing, influencing Fed rate cut projections....
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....
