USDJPY currency pair - let’s look at the D1 period chart. Since January has ended, we can inspect what happened this month. A narrow range formed at the top of the movement at the end of December. The price was sawing in a narrow sideways range for...
AUD USD As of February 4, 2025, the Australian Dollar (AUD) has experienced a significant decline against the U.S. Dollar (USD), reaching a five-year low of approximately 0.6088 USD. Technical Analysis: Trend: The AUD/USD pair is exhibiting a...
GBPUSD GBPUSD outlook: The GBP/USD pair is experiencing consolidation, trading around 1.2420. The pound has come under pressure due to mixed economic data and ongoing market uncertainties. The US Dollar remains supported by the robust US economy and...
Technical Analysis The Pound Sterling drops to near 1.2400 against the US Dollar as investors worry that a trade war between the US and China could intensify. China retaliates to US President Trump’s tariffs and announces levies on various imports...
Eurozone PMI and Bank of Japan's Decision: Where Will EUR/JPY Move? Today marks a crucial day for the Eurozone as significant PMI data releases are expected, which could shape market direction. Simultaneously, the Bank of Japan (BoJ) is anticipated...
