Interestingly, the GBP/USD pair appears to be relatively unaffected by the dovish outlook from the Bank of England (BoE) and remains primarily driven by USD price dynamics. Given the current fundamental backdrop, and the absence of market-moving...
I observe that the MA100 is moving almost parallel to the floor, which signals a flat mood for the USD/JPY pair throughout the day. I see that all current candles are forming below the local MA100, confirming that this instrument is set for a...
#EUR/USD The US dollar fell after today’s market opening, because of the new US administration’s plans to further pressure China. It will be interesting to see how the Chinese will react to the US plans to limit investments from Chinese companies...
GBP/USD Technical Analysis H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart has fallen back towards 50, reflecting waning bullish momentum. Furthermore, despite rising for three consecutive sessions, GBP/USD has...
Analysis chart EUR /JPY made to overcome this zone. The moving average here plays a role rather as a reference point where and how at the moment, in short, there is no point in looking at it yet. It turns out that we have approached a very important...
