The weekly battle for the euro: The movement to the side dominates The Euro showed a week of indecisive trading, oscillating around key levels without committing to a definitive direction. Pivotal to the current position of the euro is the 1.05...
General Points about GBPJPY: If we continue analyzing the market, we can observe that BOE Governor Bailey's recent speech did not provide any significant benefit to the Pound. While his comments were closely watched, there was no immediate...
Yesterday, the situation with the Pound developed interestingly on the non-farm data. They came out in favor of the Dollar, but immediately after the release, for some reason, it began to sag. It is possible that this was how they drove buyers into...
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...
Important Points about EURJPY: The ECB President's speech and OPEC meetings significantly strengthened the Euro, providing it with a boost. These events highlighted key economic strategies and oil market adjustments, which supported the Euro’s...