The EUR/JPY currency pair, currently trading at 172.26, is experiencing a bearish trend. In this context, the bearish trend signifies that the euro is weakening against the Japanese yen. This situation can be driven by various factors, including...
GBPUSD The GBP/USD pair fell slightly on Tuesday, trading around 1.2730 in early Asian trading. The headline comes as market participants await the release of UK labor market data later today. Investors are taking a wait-and-see approach and are...
GBP/USD Analysis The GBP/USD exchange rate was trading around 1.2730, having dropped sharply during Asian trading on Tuesday. Market participants are eagerly awaiting the release of UK labor market data later in the day. Investors seem to be...
The trading week for gold has concluded with a notable development. Despite an initial upward movement that completely closed the sell zone imbalance, the price sharply reversed downward. This reversal formed a pin bar with a tail in the sell zone,...
Formal Approach to USD/ CAD We are examining the dynamic pricing behaviour of the USD/ CAD currency pair in real time. We should focus on the current dynamics of the USD/CAD chart to understand potential movements. Recently, despite an upward trend,...