The EUR/GBP cross has exhibited a consistent upward trend for the past three days, following a surge during the Asian trading session. This upward movement is underpinned by fundamental factors that appear to favor further depreciation of the euro...
BTC/USD H4 chart: Today, the BTC/USD market shows a strong upward movement, trading at 97980. Yesterday, Bitcoin tried to break the 100 EMA on the H4 chart and encountered resistance at 101,500 but could not maintain momentum. As a result, BTC/USD...
USD/JPY Price Analysis: Technical outlook An official at the Bank of Japan (BoJ) said on Wednesday that the “BoJ sees underlying inflation gradually heading toward 2%. Price rises post-pandemic have been driven mostly by cost-push factors, such as...
The EUR/JPY H1 chart presents a clear downtrend after reaching a peak near 165.25, with price action consistently forming lower highs and lower lows. The red moving average, likely a short-term SMA or EMA, confirms bearish momentum as price remains...
The euro has staged a notable recovery from near the 1.0200 level, its lowest point since January 13th, extending its gains to reach a weekly high touched earlier on Wednesday. The EUR/USD pair is currently fluctuating around the 1.0375-1.0380...