I believe the bears have managed to exert some pressure on this pair, setting a temporary minimum at 1.0822, but I notice that the price is starting to bounce back upward. I think if the buyers can push the price above the 1.0880 level, the efforts...
EURGBP TECHNIAL OUTLOOK The EURGBP pair is currently trading at 0.82260, hovering above a crucial support level at 0.82050. The overall major trend remains bullish, reflecting the longer-term market sentiment. However, the minor trend is currently...
USD/JPY As of today, USD/JPY is showing some interesting movements, influenced by both technical trends and fundamental factors. Technical Analysis: USD/JPY has been on a downward trend, recently testing a 14-month low around 140.25. The pair...
Technical analysis of GBPAUD Now I will do a market analysis on the GBP/AUD pair. GBPAUD is the leading currency pair in the foreign exchange market. I am looking at the GBPAUD h1 timeframe chart. The market is currently in between support and...
USD/JPY USD/JPY Slides to Near 148.00 Amid Divergent BoJ Fed Expectations USD/JPY drops to 148.00 in Thursday's Asian session. A cautious risk tone and concerns regarding a global trade war keep the Japanese Yen anchored, pulling the pair down. The...
