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EUR/JPY Greetings and Good Morning guys! The market of EUR/JPY can cross the 162.88 zone during the Tokyo CPI data release mints. So, the traders should trade carefully and wisely with a new strategy. Also, we can observe a bullish market scenario,...
USDCHF USDCHF outlook: The USD/CHF pair is currently in a consolidation phase, with the US dollar remaining relatively strong, supported by the latest economic data, particularly the Consumer Price Index (CPI). The CPI rose 2.9% in December,...
I observe that the AUDUSD pair extended its downward trajectory, testing the lower Bollinger Band at 0.6206, where buyers stepped in to trigger a bounce, signaling potential short-term support. I note that the Federal Reserve’s hawkish rhetoric on...
The provided GBP/USD H4 chart showcases a prolonged downtrend that has persisted for months, with the price maintaining a steady decline from its peak. The chart also features a red moving average, which appears to be a simple moving average (SMA)...