GBPUSD WEEKLY TECHNICAL ANLAYSIS Technical Analysis: GBP/USD found support near 1.2300, then showed a slight recovery before returning to the 1.2575 mark. Despite these short-term trends, the price is in an overall consolidation phase and is...
Market Fundamentalsata released by the Bank of Japan reveals that the Services Producer Price Index (PPI) increased by 2.9% year-on-year (YoY), up from 2.6% in the previous month. This rise follows last week’s stronger consumer inflation data from...
EURCHF Daily Time Chart Analysis The daily chart of the EUR/CHF pair shows a consolidation phase with frequent price fluctuations. The market seems to be moving at regular intervals, with no clear long-term trend. The price is currently trading near...
USDCAD Analysis The USDCAD currency pair is in an uptrend, making higher highs and lower lows. The price has recently corrected upwards and is currently testing the key resistance level at 1.4660. A break of this level could signal that the bullish...
USDJPY Technical Analysis USDJPY has been in a strong uptrend, with price consistently making higher highs and higher lows. The market has shown significant bullish momentum, supported by a steep incline. The 150-period moving average is...
