Market Fundamentals: China's economy demonstrated resilience in the fourth quarter of 2024, with Gross Domestic Product (GDP) expanding by 5.4% year-over-year, up from 4.6% in the previous quarter. Every quarter, growth accelerated to 1.6%, in line...
**Analysis of EUR/JPY Using Two Timeframes - February 23, 2025** Good evening, everyone. Tonight, I will analyze the EUR/JPY currency pair using the D1 (daily) timeframe. Currently, the price is trading below both the 21-period and 34-period Moving...
Currency pair GBPUSD - H4 period chart. The wave structure is built in an ascending order, the MACD indicator is in the upper purchase zone. The price is also at the horizontal support level of 1.2625. Last week, the price moved little. They made a...
The AUD/JPY pair is currently trading at 94.84, showing a range-bound movement with recent downward pressure toward a key support level of 94.45. This level has previously acted as strong support, indicating the possibility of a rebound if the price...
Weekly Analysis of EUR/JPY Pair Current Market Position The EUR/JPY pair is currently approaching a significant triple bottom formation on the daily chart, with a notable low at 155.56, which serves as a strong support level. If the price respects...