THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that a weak upward trend has been prevailing this week. The BoA (50) indicator is consistently below the price. In this situation, the right...
The GBP/USD currency pair extended its winning streak for the second consecutive day, reclaiming the 1.2700 level. This recovery marks a partial reversal of the previous week's losses, bringing the Sterling back to its recent medium-term trading...
The future direction of the price will be heavily influenced by upcoming economic data. The recent pause in the Dollar's rally underscores the importance of key indicators such as inflation, employment, and GDP growth. Strong data could reignite...
The latest Eurozone inflation figures have presented the European Central Bank (ECB) with a complex dilemma. While the central bank has already implemented a rate cut, persistent inflation, particularly in core economies like Germany, is raising...
The recent US inflation report has presented a mixed picture for the Federal Reserve, casting a shadow over the outlook for the GBP/USD currency pair. While consumer spending demonstrated robust growth, signaling a healthy economy, inflation...