GBP JPY Forum Analysis, Forecast Have a great day everyone! The linear regression channel on the M 15 chart is turned down. Assessing the market situation for the current period, we can presumably say that there is a strong seller on the market. The...
The NZD/USD pair today halted the previous day's decline from a near three-week high, but is struggling to attract buyers. Traders are reluctant to open new positions and prefer to wait for the publication of the minutes of the FOMC meeting....
The US dollar continued its gains against the Japanese yen, supported by rising yields in the bond market. The 158 yen level, once a critical resistance point, now appears to be in the rearview mirror. As the pair strengthens, short-term dips shape...
GBP/USD Forecast for January 8, 2025 On the hourly chart, GBP/USD climbed to the 200.0% retracement level at 1.2569 on Tuesday, rebounded from it and turned in favor of the dollar before falling below the 1.2488-1.2508 support zone. This...
EUR/USD forecast for January 8, 2025 On Tuesday, the EUR/USD pair made a second reversal in favor of the US dollar above the 1.0405-1.0420 zone and fell to the 1.0336-1.0346 support zone. A rebound from this zone could signal a reversal in favor of...
