Several macroeconomic events are scheduled for Thursday, which includes some relatively important reports. The economic calendars of Germany, the United Kingdom, and the European Union are relatively light. However, at least one might pay attention...
A hammer candlestick is a technical analysis tool used in forex trading to identify potential reversals in price trends. It is part of the broader category of candlestick patterns, which are a staple in the toolkit of many forex traders due to their...
GBP/USD PAIR REVIEW For the second day in a row, the price of the British pound against the US dollar GBP/USD is trying to rebound higher, but its gains did not exceed the level of 1.2698, which is stable near it at the time of writing the analysis....
EUR/JPY PAIR REVIEW The continued weakness of the Japanese yen against the rest of the other major currencies allowed bulls to have more control over the direction of the currency pair EUR/JPY, despite the political anxiety in Europe. Gains of...
Today's GBP/JPY Currency Outlook The foreign exchange market, particularly the GBP/JPY pair, has been on a steady climb recently. However, there seems to be a temporary pause in this upward trend. Today, during the Asian trading session, the GBP/JPY...