Around mid-day on Monday, the price was testing support at 2.1836, which is the closest lower resistance from Monday's opening price of 2.1888. This support is also close to the 200-hour exponential moving average (EMA 200 H1) at 2.1844. With the...
GBP/USD Today, GBP/USD is moving cautiously, and I think this is because the market is waiting for some important economic updates. The UK’s unemployment rate figures are due, and I expect them to stay at 4.2%. If there’s any surprise in the data,...
USD/JPY Fundamental Analysis: Today, I’ve been closely watching USD/JPY as it continues to reflect the divergence between U.S. and Japanese monetary policies. The U.S. dollar remains supported by expectations of a hawkish Federal Reserve,...
USD/CHF H1 Chart Analysis Overview Upon analyzing the price movement of USD/CHF on the H1 timeframe chart, it is evident that the market has demonstrated strong bullish momentum in recent sessions. The price has followed a clear upward trend,...
GBP / JPY: Trading Recommendation We can check out the weekly calendar to recognize the market sentiment and gain insights into potential price movements. Analyzing the upcoming economic events and news releases is essential to understanding the...
