GBP/ USD Price Action Dynamics Our discussion will revolve around analyzing the price movement of the GBP/ USD currency pair. The market is still moving rather sluggishly, which is facilitated by the absence of important data from the UK, so I again...
USD/JPY Fundamental Analysis: Today, I’ve been closely watching USD/JPY as it continues to reflect the divergence between U.S. and Japanese monetary policies. The U.S. dollar remains supported by expectations of a hawkish Federal Reserve,...
EUR / JPY: An Hourly Time Frame Recommendation The market sentiment of EURJPY hit the 161.35 level the last time, indicating that the bulls are on the recovery track. This level represents a key point where the price found support, signaling that...
EUR / USD: An Hourly time frame road map Today, the market of EURUSD might hit the 1.0542 level during the New York time zone. The US dollar is expected to be impacted by various types of news that could help the bears maintain control of the...
The Eurozone economy showed signs of stabilization in December, as indicated by the better-than-expected HCOB Purchasing Managers’ Index (PMI) readings. The overall business activity improved, driven primarily by a surge in the services sector,...
