Silent Points about EURJPY: Currently, EURJPY buyers are facing significant difficulties as they have been unable to maintain their bullish momentum. Over the past week, they have weakened considerably, leading to a notable decline in the market. As...
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...
EUR/USD Summing up the results of the past week, first of all it should be said that we were definitely right when in our previous forecasts we stated that the quotes of the euro/dollar currency pair would return to the retest of the minimum of...
General Points about GBPUSD: We observed that the upcoming UK Construction PMI news this week did not benefit buyers as expected. The anticipation surrounding the UK data led to little reaction in the market, leaving buyers in a challenging...
EUR/USD Current Technical Analysis Bearish Trend Observation The current technical analysis of the EUR/USD currency pair indicates that the price trend remains bearish. The lowest price level observed so far is at 1.02232. If the bearish momentum...