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....
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...
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 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...
EUR/USD stays under bearish pressure and trades below 1.0300 in the American session on Friday. The US Dollar benefits from the upbeat jobs report, which showed an increase of 256,000 in Nonfarm Payrolls, and forces the pair to stay on the back foot...
