GBP/USD Technical Analysis and Forecast – January 7, 2025 Market Sentiment and Outlook: The bullish momentum in the GBP/USD currency pair is likely to indicate positive sentiment driven by recent economic developments and technical buying. We are...
Hello. I honestly expected the Pound to try to form another wave of decline, but yesterday buyers were able to actively move up, and in fact, we can say that they cancelled the fall scenario. To confirm this for sure, we need to see a breakout and...
CAD / JPY: An Hourly Time Frame Recommendation The Japanese Yen was strong enough in the last few days, showcasing consistent performance in the market. The primary reason for the weakness of the Canadian Dollar was negative news data combined with...
The GBP/USD currency pair continued its upward trajectory for the third consecutive day, trading near the 1.2530 level during the Asian session on Tuesday. This upward momentum was primarily fueled by a weakening US dollar. The US Dollar Index...
USD/JPY is trading strongly today, with mixed action following the release of key economic data, including the ISM Services PMI report and the US JOLTS employment report. Both reports significantly impacted market sentiment and influenced the...
