The currency pair (EUR/JPY) has shown a relatively stable trading pattern, hovering around the 161.00 level for the fourth consecutive day during the Asian trading session on Thursday. The Japanese yen (JPY) weakened on growing concerns that...
The main events by the morning: February 13 The UK economy grew by 0.1% in the fourth quarter. This exceeded forecasts for a 0.1% reduction. Growth was zero in the third quarter. The Bank of England lowered its base rate to 4.5% amid weak growth and...
General Points about GBPJPY Considering the bullish trend in GBP/JPY, the market has the potential to move higher and break the 193.77 level. The pair has been showing strong upward momentum, indicating that buyers remain in control. If the bullish...
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USD/CHF Analysis on H1 Time Frame Current Market Overview The USD/CHF currency pair is currently trading around the key level of 0.9115. Since the market opened yesterday, we have witnessed a consolidation phase, which I have highlighted on the...