### USD/JPY Pair Analysis The USD/JPY currency pair exhibited a downward trend during the European trading session, with sellers managing to bring the pair down to a new support area at 146.40, compared to the previous support at 147.50. Following...
Recent Strength of the US Dollar Recently, robust monthly job data from the US has further strengthened the US Dollar, leading to a decline in the GBP/USD pair. Strong employment figures indicate that the US economy is performing well, which...
A Harami candlestick is a two-candle pattern that signals potential market reversals, commonly used in technical analysis. The word "Harami" comes from the Japanese word for "pregnant," which is fitting because the pattern looks like a small...
GBP/CAD Pair Forecast As of today, the GBP/CAD market opened at 1.7782. The 12-period and 36-period Exponential Moving Averages (EMA) on the Hourly chart have become increasingly flat and are intersecting, reflecting the recent unsteady price...
July Highlights: Strong Performance in the Construction Sector Overview of July's Performance The month of July proved to be exceptionally positive for the construction sector, as the Purchasing Managers' Index (PMI) recorded a score of 52.7,...