Jerome Powell's Speech Fails to Impress Currency Traders The euro and pound responded in a rather unusual way to yesterday's comments from Fed Chair Jerome Powell, who stated that the central bank sees no need to rush with interest rate adjustments....
M-30 Chart Technical Outlook USD/JPY Hello! The USDJPY currency pair, if you analyze the M30 chart, is now in a stable growing trend. When growing, the price approached the level with resistance, which is at 153.75, and for a long time it...
USDCAD currency pair - let’s consider the D1 period chart. Monday and Tuesday were rather sluggish. We can now look a little deeper into history. The week before last, they continued to saw with a slope upwards and then large funds poured in and...
EUR/USD Analysis: Technical and Fundamental Outlook The EUR/USD currency pair shows signs of bearish momentum in the 1-hour time frame. According to technical analysis, the market price is below the 200-day simple moving average (SMA), suggesting...
GBPUSD Technical Analysis GBPUSD is trading around 1.2460, struggling to establish a clear direction. The pair has been consolidating between key support and resistance levels. The 150-period moving average (MA) on the daily chart remains above...