The EUR/JPY rollercoaster ride continued on Friday. Early in the Asian session, the pair took a tumble, reversing some of the gains it made the previous day when it reached one-week highs above 170.00 pips. This pullback happened despite an initial...
Technical analysis of the EURJPY pair 1-hour chart The price started trading today within a bullish pattern, but in a resistance area, which is the upper channel lines, and therefore it was expected that the price would correct downwards and then...
GBP/USD Analysis: Attention turns to psychological support levels Until the end of last week's trading. The latest UK data showed a strong rebound in retail sales in May, but the pound struggled to make meaningful progress in global markets. Trading...
USD/ JPY/M5 Our discussion centres on the live examination of the USD/ JPY currency pair's price action. The USDJPY currency pair continues its upward trend this trading week. The price has yet to surpass last week's high, but this is not unexpected...
GBP-USD PAIR REVIEW There was no GAP at the opening of GBP-USD this morning, but buyers dominated price movements at the start of this week. It can be seen that the price is rising again and this afternoon the price is back above the support line...