The GBP/JPY currency pair experienced a volatile trading session, initially surging to a one-week high of 198.25 before encountering selling pressure and retreating towards the lower end of its daily trading range. This decline coincided with...
EUR/USD forecast for January 8, 2025 On Tuesday, the EUR/USD pair made a second reversal in favor of the US dollar above the 1.0405-1.0420 zone and fell to the 1.0336-1.0346 support zone. A rebound from this zone could signal a reversal in favor of...
The USD/JPY currency pair remained near its multi-month high during early European trading on Wednesday, despite some recent consolidation. The Japanese Yen (JPY) has weakened against the US Dollar due to several key factors. Firstly, uncertainty...
TRADING CHART ON USD/CAD H4. The USD/CAD currency pair has demonstrated a strong uptrend over the past several months, as evidenced by its consistent movement above the moving average, likely the 50-period SMA, on this 4-hour chart. This trend...
EUR / CHF: My Trading Recommendation The current week has some news data related to the EURCHF which will help the bears to pull back and cover their losses. With significant economic reports on the horizon, these data releases could generate...
