The price is currently trading at 0.6478, reflecting a recent downtrend. This is evident as the price is below the moving average, signaling bearish momentum. The market experienced a sharp drop recently but is showing signs of consolidation around...
The Cable finds itself at a crucial crossroads as it faces a blend of conflicting economic signals. Recent data from both the Eurozone and the U.S. presents a mixed picture, with challenges ahead for traders. On one side, the Eurozone's economic...
EUR/USD and AUD/USD are heading for their strongest month to date, suggesting rally potential. Meanwhile, December is the most bearish month of the year for USD/JPY, bringing short-term bearish momentum to the month. GBP/USD historical bull trend...
EUR-JPY PAIR ANALYSIS If we look at the chart image above, seller pressure (length of red candle) slowly lowers the price without being able to be countered by buyer pressure (length of green candle) and forms a lower high. This indicates that...
The Cable has shown signs of recovery against the dollar, but its ability to maintain gains above the critical 1.2750 level remains in question. Despite a positive retail sales report and some supportive data, the pair has been unable to establish a...
