Currency pair EURJPY - Chart D1. Here, the wave structure is descending. After the last wave of decline updates the minimum of the previous one, the third wave will go down. The MACD indicator is in the lower sales zone, but so far during the...
The EUR/GBP cross remains under pressure, trading in negative territory around 0.8325 during the early European session on Friday. This marks the second consecutive day of losses for the pair, as the Pound Sterling (GBP) finds support from...
Core Points about GBPJPY: The positive growth rate of the UK GDP has played a crucial role in strengthening the Great British Pound (GBP), reinforcing investor confidence in the currency. A robust GDP often reflects economic stability and growth,...
As I analyze the current market situation, I can see that another working week has come to an end, and the chart reveals some critical insights. The horizontal line drawn on the chart clearly highlights the intensity of the bears' defense. I observe...
February 15, 2025 The EUR/USD currency pair is experiencing notable upward momentum. After reaching a high of 1.0500 on February 14, the pair has maintained its position near 1.0460. Technical Analysis: Moving Averages: The EUR/USD has surpassed...
