The Cable has been showing signs of stability after bouncing off a two-month low. During the Asian session on Monday, the pair attracted follow-through buying, rising from the 1.2620 region to trade around 1.2653, reflecting a modest 0.11% gain for...
The pair is currently in a bearish phase, driven by a combination of both fundamental and technical factors that suggest further downside potential. On the fundamental side, the US Dollar continues to strengthen, bolstered by robust economic data...
GBP/USD backslid below the 1.2700 handle on Monday, kicking off the new trading week by snapping a three-day winning streak and keeping Cable on the low side of the 200-day Exponential Moving Average Despite the decline seen at the beginning of the...
The USD/JPY currency pair is currently navigating a period of increased volatility, influenced by both domestic factors in Japan and broader global economic developments. Recently, the pair has softened, yet the key 149.00 support level remains...
The renewed strong demand for the US Dollar, combined with political concerns in France, weighed on the European currency, pushing EUR/USD below the 1.0500 support level once again on Monday For now, the downside risks for EUR/USD remain in focus....
