The current market volatility and unidirectional trend movement in USD/CAD are not appealing for trading. Historically, I've viewed this pair primarily for selling opportunities. However, with its previous surge to the 1.47 level, I refrained from...
GBP/JPY Trading Analysis Update Wednesday, February 5, 2025 The Japanese Yen currency outlook strengthened again after the release of Average Cash Earnings y/y data which jumped 4.8% from the previous data of 3.9%. In fact, the results of the data...
EURUSD EURUSD outlook: The EUR/USD pair is under pressure as the U.S. Dollar maintains its strength. The Federal Reserve's hawkish stance and solid U.S. economic data have contributed to a stronger Dollar against the Euro. Fundamental Analysis: The...
THE CURRENCY PAIR GBP-USD Overnight, or more precisely during the Asian session, the currency pair does not show much activity, and what is most depressing is that we do not see attempts at local correction. In fact, at the moment we have unloading...
GBPUSD GBPUSD outlook: The GBP/USD pair is facing a tug-of-war between the relative strength of the U.S. Dollar and the potential support the British Pound could receive from the Bank of England's cautious stance. The U.S. Dollar continues to hold...