Core Concepts about GBPJPY The GBPJPY market has shown strong bullish momentum, closing at the 192.33 level, which confirms that buyers are still quite strong. Price action indicates that demand for the pair remains high, suggesting continued...
Technical Analysis GBP/USD H-4 Chart GBP/USD is struggling to gain footing, retreating to around 1.2400 after closing in negative territory on Thursday. The pair’s technical outlook suggests that sellers are likely to remain in control in the...
H-1 Chart Technical Outlook USD/JPY The dollar-yen pair was trading in the range between the resistance of 156.708 and the support of 154.964. There was a buying volume here when the pair was approaching the support; limit orders were triggered when...
The final HCOB Manufacturing PMI data for Germany and the broader Eurozone exceeded initial flash estimates, signaling a moderate improvement in factory sector activity. Germany's Manufacturing PMI rose to 43.0, while the Eurozone's overall PMI...
USD/JPY Weekly Time Chart Analysis The USD/JPY pair closed this week at 155.19. Its highest level of the year, while the US dollar held its last gap against the Japanese yen. Both rose as the interest rate differential between the Federal Reserve...
