The GBP/JPY currency pair remains trapped in a bearish cycle, with technical indicators pointing toward a decline between 102 and 151 pips in the upcoming sessions. The price has been unable to break above the 189.51 resistance level, reinforcing...
EUR/USD: Simple business tips for beginners on 21 February (US session) Analysis of Trades and Trading Recommendations for EURO The 1.0477 test in the first half of the day coincided with the MacD indicator, which began to rise from zero level,...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2630 on the H1 timeframe. The market has been showing signs of bearish pressure, with the 70-period moving average (MA) trending downward, confirming the bearish sentiment. The...
The AUD/JPY currency pair continues its downward trajectory, with expectations of a decline between 52 and 76 pips based on current market trends. The price remains below the 95.51 resistance level, confirming that bearish sentiment remains...
General Points about EURUSD: We observed on Friday that the German and French Flash data did not provide much benefit to EUR/USD buyers, which resulted in the market closing at the 1.0457 level. The Euro faced pressure from weak economic data,...