Current Account Balance in Japan The Ministry of Japan recently reported a significant decrease in the Current Account balance, which stood at 1,077.3 billion Yen. This figure is notably lower than November’s reading of 3,352.5 billion Yen,...
GBP/USD has remained in a strong downward trend, with 1.2425 acting as a key resistance level that has prevented any sustained bullish momentum. As long as this level remains unbroken, the risk of further declines remains elevated, with 1.2360 and...
Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a sell zone as the price is now targeting to break the rising red channel, which represents the general trend during the...
EUR/USD Price Recap Current Market Situation The H1 chart for EUR/USD is currently displaying an interesting scenario. The price is trading between a support level at 1.0310 and a resistance level at 1.0380, indicating that the market may be...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...
