The EUR/ GBP currency brace continued its upward line from the former session, trading around the 0.8360 position during Friday's Asian trading hours. While the euro itself faced headwinds, the EUR/ GBP brace's strength suggests underpinning...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis because the market is rising and helping the price. The market has reached the trend line, and the price is now down. The market price broke this trend line. The market price...
The Japanese Yen (JPY) faced intraday selling pressure on Friday, ending its two-day winning streak against the US Dollar (USD). This shift followed remarks by Bank of Japan (BoJ) Governor Kazuo Ueda, who noted that underlying inflation remains...
EURUSD currency pair - D1 period chart. The wave structure on this senior period is still building its order downwards. The MACD indicator is in the neutral zone near zeros. Since about mid-January, a expected upward correction has been working out,...
The Bank of Canada (BoC) is widely anticipated to lower its benchmark interest rate by 50 basis points (bps) from its current 3.75%, marking a fifth consecutive rate cut. Market expectations for an aggressive cut surged to 80% following a...