USD/JPY Market Outlook Greetings and Good Morning to everyone! The sellers of USD/JPY remained stable this week. So, It is important to understand the market sentiment effectively. The USD/JPY market can cross the 148.77 zone later. Moreover, the US...
GBP/AUD Weekly Outlook Greetings and Good Morning to everyone! This week, the Australian news data was not too good as the Retail sales and the BA governor's speech couldn't bring anything for the dollar. Whereas, the BOE's governor speech and...
EUR/USD technical analysis A bullish engulfing pattern can be seen on the H1 chart. This pattern is ideal because the bodies and shadows of bullish candles completely close those of previous bearish candles. Based on the H1 chart, oil prices may...
GBP/USD Weekly Outlook Greetings and Good Morning to Everyone! Yesterday, the GBP/Ubouncednce up and crossed the 1.2750 zone successfully. Shows that the US dollar is too weak this week. So, It might remain under pressure anymore. So, I expect that...
The EURUSD chart on the H4 timeframe shows a significant upward movement, almost reaching the 200-day moving average. However, a slight rejection at the 1.0632 area suggests the need for caution. The 200-day moving average is typically an important...