February 5, 2025 The GBP/USD pair is trading around 1.2530, reflecting a recent upward trend. Technical Indicators: Moving Averages: The pair is trading above its 20-day Simple Moving Average (SMA), indicating a bullish trend. Relative Strength...
Although the current trading period has concluded, I am eager to see what the indicators suggest for the next session. The oscillators remain neutral, providing no clear directional bias, yet the moving averages strongly indicate that exiting the...
USD/JPY Fundamental Analysis: USD/JPY is pushing higher today, mainly due to a stronger U.S. dollar and positive market sentiment. The latest Non-Farm Payrolls (NFP) report crushed expectations at 353K vs. 187K forecast, reinforcing the Fed’s...
USD/JPY Declines from 155.86 to Stabilize at 154.51 Amidst Market Turmoil Due to Trump’s Tariff Policies Today, the USD/JPY currency pair experienced a notable decline, moving down from a high of 155.86 to stabilize around 154.51. Initially, the...
Core Points about USDCAD It is quite surprising that the USD/CAD market has dropped significantly from the 1.4500 level. The sharp decline indicates that selling pressure has increased, pushing the pair lower. Due to some fundamental effects, the...
