EUR/USD PAIR ANALYSIS The ECB is expected to cut interest rates by 25 basis points at its September 2024 meeting, the second cut this year after a similar move last June. This will bring the main interest rate on funding operations back to 4%, the...
The Fundamentals Analysis of USD/JPY With the announcement of the Jibun Banking Services PMI figures on Wednesday, the USD/JPY exchange rate has continued to gain momentum relative to the USD. The index was once revised from the initial projection...
EUR/JPY H4 chart Here is a technical analysis of EUR/JPY for today. Using trend lines, indicators, and resistance and support levels, we will determine which direction the market will move using the h4 timeline today. As of now, the market is on an...
The EUR/USD 1-day chart, currently trading around 1.10756, shows a broader uptrend that has gained momentum after bouncing off a key demand liquidity zone (D-Liq) near 1.06000. The pair has tested this area several times since early 2023, making it...
GBPUSD Analysis of the GbpUsd market pair in the Daily Trading time window On the GbpUsd market pair yesterday, Friday, was again dominated by sellers who were able to hold back the bullish buyer's pace by holding it back below the resistance area...