Analysis of the EURJPY pair in the H-1 time frame. The trend direction running in the EURJPY pair has changed to bearish. The EMA 50 and SMA 200 which were previously getting closer managed to cross perfectly to produce a death cross signal. Thus,...
The GBP/USD pair, currently trading around 1.29871, has been showing a bearish trend, moving downwards gradually. Despite the slow movement, many analysts believe that significant volatility may be on the horizon for this currency pair. Several...
The GBPUSD currency pair is trading between the pivot point (PP) at 1.3073 and the support (S1) at 1.3013. There is no strong movement towards the resistance (R1) at 1.3125 or below the support (S1) at 1.3013. Many market participants may be waiting...
USD/CHF Analysis Insights Our discussion focuses on the pricing behavior of the USD/CHF currency pair, which we're analyzing. This strategy could prove effective, and the USD/CHF pair may take its course and begin a downward trend. The bullish...
The USD/CAD pair experienced a surge, driven by a stronger US dollar, potentially influenced by fading expectations of more aggressive interest rate cuts by the Federal Reserve following robust US employment and inflation data. During early European...