GBP/USD continued its upward momentum on Friday, surpassing the 1.2650 level amid renewed weakness in the US Dollar (USD). The pair's rally was fueled by weaker-than-expected US economic data, notably the drop in the SP Global Services PMI below the...
GBP/USD maintained its upward trend on Friday, moving past the 1. 2650 mark as the US Dollar (USD) showed renewed weakness. This increase in the pair was driven by US economic data that underperformed expectations, particularly the SP Global...
The morning trade on Friday saw Bitcoin set up a modest rally, since it seems to be testing the waters to obtain a rupture of its prolonged consolidation phase. At present, the market is characterized by significant noise, with oscillating prices...
Forecast of EURJPY The EURJPY price has been trading in a range zone on the daily time frame chart for a while, but the area of this range zone is quite large. Several times I watched to test the resistance level, the EURJPY passed the moving...
Forecast of GBPJPY As the GBPJPY breached the 50 EMA line to the downside on this trading day, the primary trend for the currency from January 9th is bearish on the daily time frame chart. I saw a sharp decline in the price of this trading asset...
