EURJPY Analysis The EUR/JPY currency pair family chart shows a strong decline in the descending channel, indicating that bearish sentiment prevails. The price is moving between two converging trend lines and forms a falling wedge pattern. This...
Market participants are closely monitoring upcoming economic releases from both the Eurozone and the United States, which could influence EUR/USD’s near-term trajectory. German Retail Sales and the pan-EU Producer Price Index (PPI) inflation data...
Technical analysis of the USDJPY pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a sideways direction during this week. The general trend of the price during the two trading weeks was downward, which...
EUR/GBP Market Analysis: 4-Hour Chart Insights Current Market Overview: The EUR/GBP currency pair has been experiencing a continuous downtrend over the past several weeks, as reflected in the 4-hour timeframe. The pair opened at 0.82477, reached a...
EUR-GBP PAIR ANALYSIS Since the price hit its lowest at 0.8264 yesterday, the weakening of this pair has not continued. The price consolidated which continued until this Thursday. Yesterday on Wednesday the price that was pushed up moved up and...
