EU has to adjust to soaring gas prices Europe has to deal with a grueling challenge. In early January, gas prices in the EU are still skyrocketing. Natural gas prices in the EU remain elevated, standing at $500 per 1,000 cubic meters, which is 50%...
GBPUSD TECHNICAL ANALYSIS Today I will use the H4 timeframe to read the trend direction and apart from that I will use the 12 period Moving Average Indicator and also the 20 period Moving Average Indicator to read the ongoing trend direction....
The Australian dollar weakened slightly on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will strong Chinese numbers support Aussie? Good news came out of China on Friday, highlighted by...
USD/JPY Technical Analysis The USD/JPY currency pair has recently been on a downward trajectory characterized by lower lows in one 1-hour. This pattern indicates a bearish market structure. The pair trades below the 200-day Simple Moving Average...
EUR/JPY Price Forecast ECB Governor Nagel commented a little earlier that the central bank should not rush rate cuts, echoing Holzmann’s remark earlier this week. Nagel said that inflation was still elevated and uncertainty was high. Eurozone CPI...
