EURJPY currency pair - let’s look at the D1 period chart today, Thursday. The wave structure here is descending. After the last wave of decline updated the minimum of the previous one at beginning February, the third wave went down. The MACD...
Several ECB officials remain comfortable with the outlook for three additional rate cuts this year, following a 25 basis point reduction to 2.75% last month. ECB policymaker Fabio Panetta highlighted that economic weakness in the Eurozone is proving...
I began my analysis of USD/CAD this morning by focusing on the hourly timeframe, where I observed a prolonged consolidation phase. I noted that the price tested the 200-period moving average (MA) from below, which initially led me to anticipate a...
Top Ten Forex Trading Strategies for Consistent Profitability In the world of forex trading, strategies play a crucial role in determining success. Traders who adopt well-defined strategies are better equipped to manage risks, spot opportunities,...
As of March 13, 2025, the EUR/JPY currency pair is trading around 161.00, reflecting a dynamic interplay between the Eurozone's economic resilience and Japan's evolving monetary stance. Recent market movements have been influenced by global trade...
