GBP/USD Market Update: Live Price Action, Key Drivers Technical Outlook(February 17,2025) Pound Holding Firm as UK Economy Faces Uncertainty The UK economy has shown resilience, with strong wage growth and a labor market that continues to hold...
USDJPY USDJPY outlook: The USD/JPY pair continues to exhibit strong bullish momentum, primarily driven by the divergent monetary policies between the Federal Reserve (Fed) and the Bank of Japan (BoJ). The Fed's hawkish stance, characterized by...
Price Action and Economic Indicators: Gold Our ongoing conversation centers on the present examination of the Gold price assessment. It's a pity; with a further fall, we could have gotten an excellent entry into purchases, but so far I remain...
The USD/JPY H1 chart shows a well-defined downtrend over the past month, with price consistently forming lower highs and lower lows. The red moving average, likely a short-term or medium-term moving average, serves as dynamic resistance, with price...
The EUR/JPY currency pair has recently broken below its support level, which had previously defined its trading range. This breach is significant because it indicates a potential change in market sentiment, suggesting that bearish momentum is...