The GBP/USD currency pair traded near the 1.2300 mark on Tuesday, experiencing a volatile session. Initially, the pair dipped as the US dollar strengthened due to global capital flows. However, it subsequently rebounded. This volatility stemmed from...
EUR/JPY Today, my focus is on EUR/JPY as key economic events unfold in both the Eurozone and Japan. Fundamental Analysis: In the Eurozone, we have a series of PMI releases lined up: German Manufacturing PMI is expected to tick up to 42.7, while...
The EUR/USD H1 chart displays a complex price movement pattern, characterized by alternating bullish and bearish phases. The current price level of 1.0415 reflects a market that has been trading in a relatively narrow range, with no clear long-term...
The EUR/USD currency pair maintained a steady position around the 1.0400 level on Thursday, despite a promising start to the week. While a lack of significant economic data typically influences market activity, trading volume was primarily driven by...
The EUR/JPY H1 chart illustrates a predominantly bullish trend, with the price consistently forming higher highs and higher lows. The movement is supported by the divergence of the moving averages, which indicate a strong upward momentum. The...