The USDMXN currency pair experienced a decline after reaching high prices of 20,879. The price dropped below the 50-day Exponential Moving Average (EMA 50), which had supported the price at around 20,516, before attempting to rebound to 20,699....
Forecast of USDJPY The USDJPY's price fluctuates between various range zones on the H4 time frame chart, making it difficult for trend traders to identify any trading opportunities and turn a profit. The price is operating within the range zone,...
GBP/USD The situation on the GBPUSD pair remains very interesting in the sense that we continue to have a downward movement as the main one, and now we are going down again and we can say that we are putting pressure in the southern direction. On...
EUR / JPY: An Hourly Time Frame Road Map In the current week, the Japanese Yen has no significant news data that could directly influence the market or provide an advantage to the bears or sellers of EURJPY. This lack of fresh data leaves the...
EUR/USD Market Forecast Greetings and Good Morning to all traders! The German CPI and other news events made the EUR stable this week. Therefore, the market crossed the 1.0420 zone yesterday. Today, the market is set to face heightened volatility as...