As of now, GBPUSD is trading at 1.26180 on the daily time frame. After breaking a significant level at 1.28400, this currency pair has been consolidating for four consecutive days. Currently, the price is below the 150-period moving average (MA) on...
USD/JPY: Key Movements and Market Sentiment Today(February 21,2025) Japan’s Inflation Catching the Market Off Guard Inflation in Japan has come in stronger than expected, with the Tokyo core consumer price index posting a 2.2% rise for November....
EURUSD Daily Forecast The pair is struggling to gain upward momentum as the Bollinger Bands are tightening, signaling an imminent bounce. Despite recent gains, the 20-day moving average and key resistance levels at 1.0500-1.0540 remain major...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Hello, in this article, we will take a closer look at the evolution of the price of EUR/USD. Let's see how EUR/USD performs in the next trading session. EUR/USD is trading at 1.0501 at the time of...
The EUR/USD H4 chart shows a strong downtrend over the past several months, with a sharp decline from above 1.1200 to a low near 1.0150 before a recent recovery attempt. The 50-period moving average (red line) has consistently acted as dynamic...
