The pair edged lower during Thursday's Asian session, slipping to around the 1.0855 region after rebounding slightly from Wednesday's correction near 1.0851. This decline comes despite stronger-than-expected U.S. macroeconomic data and a busy day of...
Analysis of the GBPJPY pair in the Daily time frame. GBPJPY has not experienced too much volatility this week. Prices tend to move around the EMA 50 and pivot point (PP) 193.36. Although it appears to be moving up, prices have not been able to reach...
The price took a significant hit on Thursday after briefly reaching a weekly high above the key resistance level of 1.3103 against the US Dollar (USD) during the Asian trading session. The pair saw a sharp decline as the US Dollar rebounded...
The USD/CAD currency pair is currently trading at 1.37832, reflecting a bearish trend. A bearish market indicates that the value of the U.S. dollar is weakening against the Canadian dollar. Understanding the factors driving this trend is essential...
The bears or sellers of USDJPY are losing their position, creating a favorable landscape for the bulls today. Currently, the price of USDJPY stands at 148.44, and there is a strong potential for bulls to carry it toward 148.65 as the afternoon...