The spot price has been experiencing weakness, trading around the 1.0975 level as the US Dollar (USD) extends its decline. The USD Index, which measures the USD's value against a basket of six major currencies, has dropped toward the 102.50 level....
The spot price began in October with a slight decline, trading around 1.3055, down by 0.32% during the North American session. With US financial markets closed in observance of Labor Day, the session is expected to remain quiet. Traders are eyeing...
The support level for the currency pair is currently around 1.3650, which marked the point where the pair began to rise, leading to a decline in the euro. Given the historical performance and market movements, the pair is trailing behind where it...
GBP/JPY Market Outlook Good Morning to everyone! The market of GBP/JPY is looking in favor of sellers as the price reached the overbought zone. It can pull back and cross the support zone of 194.75 later. Also, it's essential to maintain a...
WHAT IS A HARAMI CANDLESTICK? A harami candlestick is a pattern I frequently look for in my technical analysis when trading, especially on Japanese candlestick charts. The term "harami" comes from the Japanese word for "pregnant," which perfectly...