Good morning, fellow traders. I hope you had a wonderful holiday and are now ready to dive back into the forex market. Today, Amell will analyze the movement of GBP/JPY and search for trading opportunities.GBP/JPY is still in a bearish trend. The...
GBPUSD GBP/USD outlook: The GBP/USD pair is navigating a turbulent landscape as the British pound grapples with ongoing economic pressures, while the U.S. dollar continues to hold firm. Here’s an in-depth look at the forces at play and the key...
The euro experienced a partial recovery against the US dollar in early Asian trading, trading near 1.0280. However, with the US market closed for Martin Luther King Jr. Day and a cautious market sentiment ahead of the presidential inauguration, the...
The US Dollar continued to consolidate at current levels on Friday, with the US Dollar Index (DXY) hovering around 109.00 as it searches for direction. Markets remain uncertain after Federal Reserve’s (Fed) Waller suggested a potential rate cut in...
AUD / USD: An Hourly Time Frame Recommendation Unfortunately, the bulls of AUDUSD couldn't gain many pips in the last week due to extreme pressure from the bears or sellers. Consistent selling pressure throughout the week kept the bulls on the...
