GBP/USD Market Analysis Current Market Status This morning, I am analyzing the GBP/USD market, which is currently trading at 1.2565. There is significant weakness in the price movement, indicating that sellers are still dominating the market and...
On Friday, I initially expected the sellers of the Euro to push prices down and update the current maximum of 1.03323. However, buyers were able to step in with strong upward momentum, and now the key question is whether the sellers can regroup and...
The Swiss National Bank (SNB) took the market by surprise on Thursday with a larger-than-expected 50-basis-point cut to its key lending rate, bringing it down to 0.5%. This marked the fourth consecutive rate cut by the SNB, but the first time the...
Good Morning Traders! Welcome to Today’s Live Trading Insights Yesterday, the USD Index demonstrated a strong bullish trend, rallying from 107.80 to 108.50 before showing signs of instability. Currently, the index is attempting to test the 108.05...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis, and the market price is falling, which helps to reduce costs. At this time, the market price is above the 50-day simple moving average, and after breaking the resistance...
