The GBP was slightly weaker in Monday's London session than its main rivals. A little rise in the Bank of England's (BoE) dovish wagers for 2025 contributes to the British currency's slight decline. A 53 basis point (bps) interest rate cut for the...
USD/JPY Technical Analysis: Today, USD/JPY is hovering around 141.80, showing slight bearish momentum. From what I’m seeing, the key support levels to watch are 141.50 and 141.00, while resistance sits at 142.20 and 142.80. Looking at the...
GBP/USD Technical Analysis: Right now, GBP/USD is trading around 1.2735, showing some upward momentum. The immediate resistance I’m watching is at 1.2750, with the next level at 1.2800. On the downside, key support sits near 1.2700, and if that...
Technical analysis of EURUSD Today we will be doing a technical analysis of EUR/USD. EUR/USD is the main currency pair in the forex market. The market is currently sitting between our support and resistance levels. EUR/USD remains bearish and is...
Trading journal Monday, December 30, 2024 USDCHF Assalamu'alaikum and good afternoon. I want to update the trading journal which of course is a learning material for all of us, especially myself. Please read and pay attention. There is still a...
