GBP/USD Technical Analysis The 50-day SMA at 1.2708 serves as a critical threshold. A breach below this level could escalate bearish activity while maintaining the price above, strengthening the bullish case. In the short term, the price appears...
The value of the British Pound currency has experienced a significant increase. Despite the lack of recent economic data from the UK, the lower-than-expected Australian GDP figure led to a sharp rise in the GBPUSD exchange rate, reaching high prices...
USD/JPY Today, USD/JPY is maintaining its bullish momentum, trading around 148.50. I’ve noticed strong support at 148.00, which aligns with the 50-day moving average. This level has been a key area for buyers to step in. Resistance is currently at...
EUR / JPY: An Hourly Time Frame Recommendation The incoming news data related to the EURJPY can help the bulls to hit the 158.75 level later. Thus, the Investors have some chances from a bullish direction today. And, the bulls of the EURJPY market...
Hello, EUR/USD is struggling at 1.0500 in the European session on Wednesday. The pair is trading cautiously amid renewed US dollar strength and French political uncertainty as the government faces a no-confidence vote in a busy day. US data, Lagarde...
