GBPUSD GBPUSD outlook: The GBP/USD pair is facing a tug-of-war between the relative strength of the U.S. Dollar and the potential support the British Pound could receive from the Bank of England's cautious stance. The U.S. Dollar continues to hold...
USD/JPY Price Analysis: Technical outlook An official at the Bank of Japan (BoJ) said on Wednesday that the “BoJ sees underlying inflation gradually heading toward 2%. Price rises post-pandemic have been driven mostly by cost-push factors, such as...
The EUR/JPY H1 chart presents a clear downtrend after reaching a peak near 165.25, with price action consistently forming lower highs and lower lows. The red moving average, likely a short-term SMA or EMA, confirms bearish momentum as price remains...
T E C H N I C A L _ A N A L Y S I S U S D / C H F Good morning and best wishes to all of us. USD/CHF is trading at 0.9048 at the time of writing. If you look at the history of yesterday's market movements, it seems that buyers are starting to...
GBP-JPY PAIR REVIEW The Japanese Yen currency outlook strengthened again after the release of Average Cash Earnings y/y data which jumped 4.8% from the previous data of 3.9%. In fact, the results of the data release were higher than the market...
