Traders' attention should be firmly fixed on the Bank of England's rate hike decision and the UK's negotiations with the EU. These pivotal factors will shape the Pound's future trajectory against the euro. The market is currently in a cautious...
GBP/USD Analysis Daily time frame: Today, I'm going to talk about GBP/USD. Over the past few days, market prices have trended downward. With the current market price of 1.03906, the market price formed a strong support level. There was a potent...
The Japanese yen (JPY) continued its downward trajectory for the second consecutive day, primarily driven by the Bank of Japan's (BoJ) reaffirmation of its accommodative monetary policy and mixed economic data. The central bank's summary of opinions...
EUR/JPY OUTLOOK ANALYSIS: On the EUR/JPY D1 time frame chart, the market continues to favor sellers as bearish momentum dominates the overall trend. Currently, the pair is under pressure, and sellers are likely to maintain control unless significant...
USD-JPY PAIR ANALYSIS At the end of last week, the price movement of the UsdJpy pair experienced a very significant increase to reach the highest price of 145.51, but then after the market trading period the following week the price was able to...