I've noticed that the instruments are starting to create conditions for growth. Observing the price action, I saw that it pierced a local maximum but subsequently fell back below that level without updating the last minimum. This price movement...
The GBP/JPY H1 chart shows a current price of 191.68, indicating a phase of consolidation after previous fluctuations. The market has experienced both bullish and bearish movements, reflecting indecision among traders. The Bollinger Bands reveal...
Technical Analysisound Sterling rises to near 50-day EMA The Pound Sterling declines against its major peers as traders price in a 25 bps interest rate cut by the BoE on Thursday. Investors should brace for high volatility amid uncertainty over...
USD/jpy Outlook Greetings and Good Morning to everyone! Today, the US dollar has some news events related to the ADP Non-Farm Employment and Unemployment rates. So, the USD/JPY traders can survive in this market effectively. They have to trade...
EURJPY currency pair - let’s look at the D1 period chart today. The price was moving sideways throughout January. Of course, there were movements, but by the standards of the daily period they were not large. The wave structure is neutral. The MACD...
