GBP-USD PAIR FORECAST On the H4 timeframe, the price is seen to be below the Moving Average Indicator period 21 and also the Moving Average Indicator period 34, which means that the trend direction is moving in a Bearish trend condition for the...
The uncertainty around the probable timing of the Bank of Japan's (BoJ) next interest rate rise has caused the Japanese yen (JPY) to maintain its intraday bearish bias as it enters Monday's European session. In addition, it is believed that the...
•••USD/CHF: What’s Moving the Market Today?(January 6,2025)••• • As the new year kicks off, the USD/CHF pair is holding steady around 0.90946, up by about 0.12% in the past 24 hours. For traders, this gives us a chance to dive into what’s happening...
EUR/USD This week liquidity will continue to return to the markets after the holidays, but we should not forget that on Thursday there is another day off in the US, although we are expecting the release of statistics on weekly unemployment claims,...
Pips In Trading Pips in Trading In financial trading, particularly in forex (foreign exchange), a "pip" stands for "percentage in point" or "price interest point." It is a standard unit of measurement used to express the smallest price movement that...
