The GBP/JPY pair continues to exhibit structural weakness, with a strong probability of further declines ranging between 110 and 160 pips, provided that the price remains capped below the critical resistance level of 191.28. This resistance level...
EUR/GBP (Euro/British Pound Rate) Good day. EURGBP - Trading idea. Double standards are given by the Ichimoku indicator, therefore there is uncertainty on the EURGBP currency pair, which is better not to get into. In order not to get an extra loss,...
USD/CAD Analysis: Current Trends and Insights Introduction The USD/CAD currency pair has been on a bullish trajectory, continuing its upward movement into the recent trading session. This analysis aims to break down the current market conditions,...
The forex market swiftly adjusted its expectations following recent macroeconomic developments, with traders now pricing in a higher probability that the Federal Reserve will opt for a modest 25-basis-point rate cut at its upcoming policy meeting....
USD/CHF As of February 6, 2025, the USD/CHF currency pair is trading near 0.9150, indicating a strengthening U.S. dollar against the Swiss franc. Technical Analysis: Since September 2024, USD/CHF has been in an upward trend, recently approaching...
