The GBP/JPY currency pair staged a partial recovery on Tuesday, rebounding from recent losses to trade near the 193.80 level. While this suggests some renewed bullish momentum, technical indicators point towards a potential weakening of the uptrend....
GBP-USD PAIR FORECAST From the market travel pattern this week, at least it is still clearly visible that the GBP-USD market pair is indeed trying to return to a bullish journey again, even if you look at what is currently happening which is still...
Technical Analysis: EUR/USD EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment. The Fed is expected to leave interest rates unchanged, while the ECB is set to cut them by 25 bps,...
The Euro (EUR) strengthened against the US Dollar (USD) on Friday, pushing towards the psychologically significant 1.0500 level, fueled by encouraging economic data from the Eurozone. The Hamburg Commerzbank (HCOB) reported that the Eurozone...
As of Thursday, the AUD/USD currency pair is trading at approximately 0.6220 and is attempting to break above a descending channel on the daily chart. A successful breakout from this channel could weaken the current bearish bias in the market and...
