Forecast of USDJPY On smaller time frame charts, the USDJPY's trading activity falls between range zonesn the daily time frame chart, however, the situation is somewhat similar, with trading activity being slow. The weekly time frame chart serves as...
The euro retreated mildly on Thursday's trading, as the currency gets a respite following a spectacular multi-week advance. Market behavior remains uneven and unstable, reflecting a phase of consolidation rather than a clear directional shift. This...
General Points about GBPJPY: The UK inflation report affected GBPJPY performance, halting buyer progress seen earlier in the week. Price reached 188.65 before stalling, unable to extend gains across the session. With GBP under pressure from domestic...
Forecast of Silver The price of Silver has been trading below the moving average lines for the past several days, but it has recovered significantly when it tested the price level of 28.820 since it has a strong support level at this level. Finally,...
EUR/USD Outlook: Mild Pullback Ahead of ECB Decision, Bullish Bias Persists The EUR/USD currency pair faced some selling pressure early Thursday, edging down toward the 1.1365 mark during the initial hours of the European session. Market...
