GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as markets digest key economic data and central bank expectations. I’m keeping a close eye on Bank of England (BoE) Governor Andrew Bailey’s speech later today, which could provide...
Strategic Insights: EUR/ JPY Prices The EUR JPY currency pair appears to be still in a bearish/downtrend condition, but we must also anticipate a trend reversal if the price breaks through the resistance area above and also price consolidation. If...
The EUR/JPY H1 chart indicates a well-defined downtrend followed by a consolidation phase, which could signal either a continuation of the trend or a reversal. Initially, the price action exhibited strong bearish momentum, forming a series of lower...
Let’s consider the chart of the D1 period - the EURJPY currency pair. As is clearly seen here, the price is pressed down along the general downward trend. Here, the wave structure is still descending. After the last wave of decline updated the...
26 February 2025 NZD/USD slides further to near 0.5700 as the US Dollar gains ground recovering from the 11-week low. The NZD/USD extends its losing spree for the fourth trading day on Wednesday and slides to near the key level of 0.5700 in European...
