THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that after sharp price jumps on Monday, on Tuesday the pair drew a divergence on the chart along fractal peaks in the overbought zone and then...
The AUD/USD pair regained momentum on Thursday after a brief pullback to the mid-0.6200s, with traders focusing on the critical resistance zone near the 0.6300 level ahead of the highly anticipated US Non-Farm Payrolls (NFP) data on Friday. From a...
GBP USD The exchange rate between the British Pound (GBP) and the US Dollar (USD) is a key indicator of the economic relationship between the United Kingdom and the United States. As of February 7, 2025, 1 GBP is trading at approximately 1.2431...
EUR/GBP The EUR/GBP pair edged greater to round 0.8370 in early European buying and selling Thursday, breaking a five-day dropping streak. However, the pair's upside possible may want to be restrained by way of the European Central Bank's (ECB)...
The latest U.S. Consumer Price Index (CPI) report from the Bureau of Labor Statistics (BLS) indicated a moderate 0.2% increase in inflation, following a 0.1% decline in the previous month. Notably, the annual CPI growth dipped below 3% for the first...
