The currency pair experienced a slight decline, reaching around 1.3995 during Thursday’s European trading session, despite a notable rebound in the USD. The USD has shown a strong recovery recently, as traders remain divided over the Federal...
EUR/JPY Technical Analysis EUR/JPY is trading in a tight range, lingering around 158.50–159.50, which reflects some market indecision. I see the 200-day EMA at 158.30 as a key support level, while resistance is sitting firmly at 160.00, a...
GBP / AUD: An hourly time frame recommendation This week is going boring for the GBP traders as there is no particular news data in the weekly microeconomic calendar for the bulls of GBPAUD. Without significant news or data releases, the market...
EUR/USD is falling towards 1.0550 and moving away from 1.0600. ECB likely to cut rates by 25 bps in December; markets expect 100 bps in 2025 amid economic struggles. The Fed's stance remains cautious, yet markets await a December rate cut. EUR/USD...
USD/JPY Technical Analysis Hourly Chart On the hourly chart, USD/JPY is trending higher, indicating a strong uptrend. The market is currently trading around 151.95, which is a key resistance area. A breakout above this level could signal a...
