The British Pound Sterling (GBP) continued its losing streak against the US Dollar (USD) for the third consecutive trading day, hovering around the 1.2360 level during the Asian session on Thursday. This sustained weakness reflects a bearish trend...
The AUD HF pair is currently trapped between two major moving averages, the EMA 200 H1 below the price and the EMA 633 H1 above it. This situation has persisted since yesterday, with the price movement becoming increasingly restricted. On Thursday's...
General Points about USDJPY: Currently, the USDJPY market is closed at the 157.70 level, highlighting a significant shift in momentum towards the buyers. This price level indicates that buyers are becoming increasingly strong, signaling a bullish...
During Friday's European session, EUR/USD trades quietly around 1.0300. As investors anticipate the release of the December Nonfarm Payrolls (NFP) statistics from the United States (US) at 13:30 GMT, the leading currency pair is trading cautiously....
The USD/JPY currency pair is one of the most actively traded in the forex market, offering traders ample opportunities due to its high liquidity and volatility. Conducting a technical analysis of this pair involves interpreting price trends,...