GBP/JPY Trading Analysis Update Wednesday, February 5, 2025 The Japanese Yen currency outlook strengthened again after the release of Average Cash Earnings y/y data which jumped 4.8% from the previous data of 3.9%. In fact, the results of the data...
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...
Technical analysis of EURJPY Today I picked EUR/JPY for technical analysis and the market price fell one level and is now closer to the trend line, which is helping to push the price higher. After breaking the market price support at 158.69, the...
Technical analysis of the GBPUSD pair The technical analysis of the pair on the 1-hour chart shows the beginning of an upward wave that may reach the weekly resistance level of 1.2570. The price started trading this week with a downward price gap...
Gold prices have surged to record highs, driven by a confluence of factors, primarily escalating trade tensions and the resulting flight to safe-haven assets. The imposition of tariffs by the US on Canada, Mexico, and China has injected significant...
