The GBP/JPY currency pair has been experiencing continued downward momentum, with the current price action indicating a potential decline ranging from 102 to 151 pips. The pair has been unable to break above the critical resistance level at 189.51,...
Summary United States: Housing Problems for Continuation In January, residential construction and existing house sales were mute, which illustrates the ongoing stress in the housing market with an increased mortgage. Despite the pressure on the...
So far, EUR/USD sellers appear strong, and they have also broken the 1.0427 level. This confirms a bearish scenario, indicating the need for cautious trading. The market has shown significant selling pressure, pushing the pair lower and maintaining...
Daily Forecast for EUR/USD The current situation of the EUR/USD pair is quite intriguing. This pair has been exhibiting green momentum for five consecutive days, marking a significant development as it has successfully crossed the medium-term...
The AUD/JPY currency pair remains under significant selling pressure, with traders expecting further downside movement within a projected range of 52 to 76 pips. The inability of the price to break above the 95.51 resistance level confirms that...
