The Euro (EUR) has been on a downward trend against the Japanese Yen (JPY) since reaching its peak on October 31st. This downward momentum is supported by technical analysis principles, which suggest that trends tend to continue. However, the...
GBP/USD The GBP/USD currency pair is currently navigating a tight consolidation phase, with its price action confined to a narrow band between 1.2700 and 1.2800. This stagnation reflects the interplay of opposing technical forces that have...
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Date: 9th December 2024. Stocks Cautious Amid Rate Cuts for Christmas; Geopolitical Unrest. Financial Markets Performance: *Currency markets reflected the geopolitical unease and the resilient US economy, with the USDindex strengthening as a...
Good morning Aliv, based on market conditions for the EurJpy pair in last week's trading period, it has closed with a bearish situation. At the end of last week, the price seemed to be slowly going up, but the strong flow of sales from sellers on...
