USD/JPY is slightly lower on Thursday. It continues to move slightly below the key 158 level. Momentum indicators are showing signs of weakness. USD/JPY is trading slightly lower again on Thursday, building a good distance from the key 158 area. The...
The currency pair registers modest gains, trading around 0.9080 during Thursday’s early European session. The Greenback continues to find support from expectations of higher-for-longer US interest rates, despite declining trading volumes as the...
The NZD/USD pair is currently exhibiting a bearish trend on the H1 timeframe. The price has been making lower highs and lower lows, which are hallmark characteristics of a downtrend. Recently, the price touched a low near 0.5590 before bouncing back...
GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2675, and it looks like it’s holding steady near the 50-day moving average. From what I’m seeing, there’s some resistance around 1.2700 and 1.2750, while support seems firm at...
GBP/USD Price Forecast We should have an in-depth discussion on the price action outlook of the GBP/USD currency pair. The GBP/USD H4 timeframe chart shows a strong bearish trend, with the price recently breaking below the key support level of...
