General Points about GBPUSD: From a technical perspective, the GBPUSD market should be following a selling concept. Indicators such as resistance levels and trend analysis suggest a potential downward movement. Despite that, it is currently...
Crude Oil Technical Analysis Crude oil is following a bearish market structure in the 30-minute time frame. Both the trend and structure indicate a downward movement. The market respects its structure and continues to follow this trend once a clear...
The narrower the spread, the easier it is for day traders to achieve profitable trades. A smaller spread allows traders to enter and exit positions more efficiently, minimizing the impact of transaction costs on potential gains. Spreads can...
The Japanese yen exhibited notable strength against a broadly weakening US dollar in early European trading on Monday, a trend primarily fueled by heightened expectations of further monetary tightening from the Bank of Japan (BOJ). Market...
USDJPY Daily Outlook The US Consumer Price Index (CPI) report for February will provide important information on inflation trends. Annual price growth is expected to ease slightly to 2.9% from 3% in January. Monthly prices are expected to rise by...
