EUR/ JPY ANALYSIS EUR/JPY consolidated after the preliminary Eurozone PMI data showed mixed results. The euro found some stability as the manufacturing retail sales managers’ index data came in stronger than expected, but further gains were capped...
AUD/USD As of today, AUD/USD is trading around 0.6347, showing a slight recovery from recent lows. Here’s my take on its technical and fundamental outlook. Technical Analysis: The pair is moving within a bullish channel, with key support around...
Market Fundamentals: The Federal Reserve is widely expected to implement a 25 basis point rate cut in its final monetary policy meeting of 2024, with market participants almost fully pricing in this move, according to the CME tool. The likelihood of...
Currency pair AUDUSD - the week is ending and we will look at the D1 period chart again. What can be seen here from beginning the current February? The price made a dip downwards with a price gap and updated the minimum of the previous January. A...
February 21, 2025 The British Pound (GBP) has demonstrated notable strength against the U.S. Dollar (USD), with the GBP/USD pair trading around 1.2648. GBP/USD faces a pivot level at 1.2650 (Fibonacci 78.6% retracement of the latest uptrend). If the...
