The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...
The US dollar weakened slightly against the Swiss franc during early European trading on Wednesday, trading around 0.9120. This cautious market sentiment stems from the anticipation of the upcoming US Consumer Price Index (CPI) data for December,...
The price movement of gold displayed in this chart highlights clear trends and consolidation phases over the analyzed period. Starting in late November, the market experienced a strong bullish rally, pushing the price toward a peak near 2728. This...
The GBP/USD chart on the H1 timeframe clearly illustrates a prevailing downtrend, marked by consistent lower highs and lower lows, which indicates a dominant bearish market sentiment. Between late November and mid-December, the pair traded within a...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning to all my companions. The topic I will be discussing in today's post is USD/JPY analysis in more detail. Let's discuss the current price changes in the USD/JPY market for today. USD/JPY...