GBP/USD consolidates around 1,2447 on Wednesday, when traders are holding back and waiting for key British economic data, relaxing at the end of this week. Key factors affecting GBP/USD At the beginning of this week, the British pound suppressed the...
The US dollar is trying to set up a demonstration against the Japanese Yen, but for now, its progress seems confined near the 200 -day exponential mobile (EMA). This key technical indicator is currently acting as a magnet, keeping the torque in a...
EURJPY EURJPY analysis: The EUR/JPY pair has been facing some resistance in recent sessions, as the Euro remains under pressure due to ongoing concerns over the European economy, while the Yen is largely influenced by Japan's loose monetary...
USDJPY Technical Analysis USDJPY is currently trading around 153.50, showing signs of bullish momentum after bouncing from key support levels. The pair recently tested 151.43 before pushing higher, indicating strong buying interest. On the...
The New Zealand dollar is on a negative territory on Wednesday. NZD/USD is traded at 0.5636 at the European meeting, which is 0.31% per day. The US CPI is expected to be lower to 0.3% The markets carefully follow the January inflation report, which...