The Euro (EUR) struggled to hold onto gains on Friday, hovering around 1.0690 USD in the Asian session. Technical indicators on daily charts paint a bearish picture for the EUR/USD pair. The currency pair is stuck in a descending channel, a pattern...
GBPUSD The value of the British pound has fallen by a third per cent against the US dollar following 'strong' signals from US Federal Reserve leaders as the pair edged closer to the USD. As a result, the depreciation of the British Pound against...
The GBP/USD pair recently broke through a significant resistance level at 1.2674-1.2700. Currently, the pair is trading above this resistance level, which now acts as a support. This breakout is a notable development, suggesting a shift in market...
TRADING UPDATES GBP/CAD The price movement of the GBPCAD pair during this week, basically did not have significant progress. After consolidating around the resistance (R1) 1.7417, the downward rally continued until it passed the pivot point (PP)...
Detailed analysis of the USD/JPY pair: I will once again discuss the movement of the USD/JPY currency pair, where both fundamental analysis and technical analysis will be examined closely for future trades on the USD/JPY market. Current situation...