The pair price, widely regarded as a safe-haven currency, has gained traction amid escalating geopolitical tensions in the Middle East and the ongoing Russia-Ukraine conflict. Recent Russian drone strikes on Ukraine's capital, Kyiv, caused...
The GBP/JPY currency pair extended its decline on Friday, trading near 189.60 in early European trading. This marked the third consecutive day of losses, primarily driven by weakness in the British Pound (GBP). The decline in the GBP was attributed...
The Euro is under pressure as market expectations grow for aggressive interest rate cuts by the European Central Bank (ECB) to support the struggling Eurozone economy. The ECB is widely anticipated to reduce the deposit facility rate by 25 basis...
GBP/USD Price Update GBPUSD is still in a bearish trend until the end of this week. There was resistance from buyers in the support area, by successfully creating a rejection candle but the next movement did not get a response from buyers, so there...
The Absolute Strength Index (ASI) Oscillator is a technical indicator used in forex trading (and other markets) to measure the strength and direction of market trends. It was designed to enhance trading decisions by combining elements of both...
