The EUR/USD currency pair is currently trading on the H1 (hourly) timeframe, with the opening level at 1.1370 and the daily pivot point at 1.1369. The pair is trading above these levels, indicating a bullish bias for the session. The overall market...
The recent trading week for USDJPY ended rather uneventfully, as was widely expected due to the holiday season. The overall market mood remains quite bearish, indicating a tendency for the currency pair to stay on the downside, at least in the near...
GBP/USD The rise in the US dollar reflects growing concerns about a potential recession, and with recession fears rising, it is an odd combination of low growth and high economic growth. The US dollar’s volatility is helping its rivals to gain...
GBP/JPY Forex Pair: An In-Depth Overview The GBP/JPY currency pair is one of the most prominent and actively traded forex pairs in the global currency markets. It represents the exchange rate between the British Pound Sterling (GBP) and the Japanese...
I welcome the weekend as it gives me the opportunity to thoroughly analyze the GBP/USD pair and reflect on the developments of the past week. I noticed that while overall volatility was relatively low, buyers still managed to push the price up by...