TRADING CHART ON AUD/JPY H1. The AUD JPY currency pair saw a slight strengthening in trading on Wednesday. Though the price movement was limited, there was a positive trend overall. Initially, sellers tried to push the price down during the Asian...
We are currently analyzing the price movement of the EUR/USD currency pair. The decline in the exchange rate may continue, potentially breaking below the 1.0949 range. If a correction brings prices down to this level and creates a false breakout, we...
The British pound (GBP) weakened against the US dollar (USD) on Wednesday as traders awaited the release of the minutes from the latest Federal Reserve meeting and US inflation data on Thursday. At the time of writing, the GBP/USD pair was trading...
EURUSD The price of our currency pair EURUSD is trading at 1.0941. And since the price updated the minimum for the previous week at 1.0950, I moved the downward trend line. That is, the price is currently trading below it. And while the trend line...
GBP/USD GBP/USD seems to have given the go-ahead for a downward march. And it seems like we are again observing that not everything has been worked out to the end, as if we have stumbled upon another obstacle, and it seems like a reversal to the...