As of September 24, 2024, the USD/JPY currency pair is exhibiting a slow yet bearish trend. The pair has shown signs of weakness due to various market factors, particularly the ongoing pressure from Japan’s struggling manufacturing sector and weak...
The euro is currently trying to rebound from yesterday's losses, trading near 1.1160 during Tuesday's Asian session. Yet, recent Eurozone economic data suggests that any potential gains may be short-lived. The expectation of a European Central Bank...
The spot price is on a remarkable winning streak against the US Dollar (USD), marking its third consecutive session of gains. On Tuesday, the pair reached a new two-year high of 1.3400, a significant milestone as the US Dollar drifts toward a...
Technical Analysis of GBP/USD Last trading week, the pound continued to grow and set new local highs. The price moved above 1.3170 and found key support there, allowing it to extend its gains at 1.3292 and settle above that level after a reverse...
Analyzing the current trend of the British Pound, it seems that the recent uptrend may not be sustainable, potentially signaling the start or continuation of a downtrend. Furthermore, the Pound may pull down against the Euro, especially since I...