GBP/JPY Market Analysis – 15-Minute Timeframe The GBP/JPY currency pair has exhibited significant volatility, moving through different market phases. The chart reflects a strong downtrend followed by a brief recovery, with potential signs of a...
Technical Analysis: EUR/USD falls back from 1.0530 EUR/USD surrenders most of its initial gains as the US Dollar bounces back. Market participants worry that potential German coalition government formation will unlikely uplift the economy. Weak US...
For today, I suggest placing a buy order above 1.1445 with a higher take profit (TP) level. The GBPCHF market may follow a bullish trend today, especially if the economic data supports positive momentum. A breakout above the resistance level at...
WTI crude oil futures on the NYMEX have rebounded to approximately $70.44 in Monday’s European session after touching a seven-week low near $70.00 on Friday. The market remains highly uncertain as geopolitical developments, economic indicators, and...
USDJPY Daily Time Chart Analysis After touching a two-and-a-half-month low of 148.85 today, the USD/JPY pair is aiming to recover losses from the previous session. Despite the current increase, the overall trend is weak as the pair has been in a...
