The GBP/JPY pair continues to exhibit a strong bearish trend, with expectations of a decline ranging between 110 to 160 pips, provided that the price remains below the crucial resistance level of 191.28. This level acts as a significant threshold...
USD/JPY Trading Analysis Update Wednesday, February 5, 2025 Tonight I will also try to analyze the EUR/JPY currency pair using the H4 timeframe, for the current price it looks like it is playing below the Moving Average Indicator period 21 and also...
Technical Analysis EUR/USD D-1 Chart EUR/USD is navigating uncertain waters. The pair has found initial support at the weekly low of 1.0209 (Feb. 3), while a breakout above this area could put the 2025 low of 1.0176 back into view. If breached, the...
The potential re-election of Donald Trump is expected to weigh on risk-sensitive currencies as his protectionist trade policies could heighten global economic uncertainty. Trump has pledged to impose a universal 10% tariff on all foreign economies,...
GBP/JPY is exhibiting strong bearish characteristics, with technical signals aligning to suggest a potential price decline of 110 to 160 pips. The critical level to watch is 191.28, which acts as a key resistance point. As long as the price remains...