As of February 19, 2025, the EUR/USD currency pair appears to have abandoned its attempt to reach the target range of 1.0534 to 1.0575. To confirm this reversal, it is essential for the current trading session to close below the level of 1.0458. If...
The USD/CHF currency pair is once again attempting to reach its 15-month high, which is approximately 0.9200. The overall outlook for the Swiss Franc appears strong, supported by the 20-week Exponential Moving Average (EMA) that indicates a bullish...
Market Fundamentals: Japan’s third-quarter GDP was revised upward to 0.3% growth from the previously estimated 0.2%, while the annual expansion stood at 1.2%, exceeding the prior forecast of 0.9%. Despite this improvement, the economy experienced a...
USD/JPY Price Forecast Analyzing the H4 timeframe chart for USD/JPY, it appears that the market is currently in a bearish trend. Both price action and indicators are signaling a downward movement. The current price is hovering around 151.460, which...
Currency pair GBPJPY - we will consider today in the middle of the week the senior chart of the D1 period. The wave structure here has a descending character. After the last wave of decline updates the minimum of the previous one, the third wave...