GBP/USD Fundamental Analysis: The pound is struggling today as economic concerns weigh on sentiment. UK retail sales have come in weaker than expected, highlighting cautious consumer spending. At the same time, uncertainty around the Bank of...
EUR/JPY PAIR REVIEW Price of currency: EUR/JPY There was a fairly deep GAP down at the opening of the EURJPY market yesterday, Monday. The GAP occurred until the break down of the support line of 159.66 and then the price was again depressed down...
GBP/USD Market Analysisaily Timeframe Overview: GBP/USD continues to trade below the 150 moving average on the daily chart, maintaining its broader bearish trend. However, yesterday, the pair formed a strong bullish candle, surging from the $1.22456...
Gold Technical Analysis and Key Concepts, and Outlook Gold is trading at 2811, testing the 20 SMA on the H1 chart near the 2810 support level. Buying interest is strong enough to prevent further declines at this price level. At 2825, selling...
The GBP/JPY currency pair experienced a recovery, rebounding to around the 193.00 level after earlier losses during the European trading session on Tuesday. This rebound was fueled by increased investor confidence following the US decision to...