Greetings, traders. In this analysis, we're focusing on the EUR/USD currency pair, particularly how it has performed on the 4-hour chart. As you may observe, the pair has recently experienced a bounce from its support level of 1.910. This bounce...
GBP/USD Market Analysis Current Market Situation The market's current state is quite uncertain. According to the daily chart, the GBP/USD currency pair is in a bullish trend. After testing the 100-day and 200-day exponential moving averages and the...
The currency pair has been on an upward trajectory, recently peaking around 1.2780, buoyed by renewed expectations for future rate cuts following Federal Reserve Chairman Jerome Powell’s summary of the Semi-Annual Monetary Policy Report. With UK...
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USDJPY ANALYSIS The price of the USDJPY pair during this week has not been very significant because there has been very little release of important economic data. Indeed, for now the price is being corrected upwards but is still below the EMA 50....