Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis. Market prices are rising. Market price fell below 0.8370 resistance and rebounded after reaching the 0.8352 support level. If the market fails to break above this support...
USD -_-JPY As of February 3, 2025, the USD/JPY currency pair is trading at approximately 155.20. Price Action and Technical Analysis: Recent analyses indicate that USD/JPY is trading in a bearish zone below the 157.00 and 156.60 levels. A connecting...
Outlook for the Week Ahead on GBPUSD Given the anticipated BoE rate cut and ongoing economic uncertainties, the GBP/USD pair may experience increased volatility in the coming week. Traders should monitor key economic indicators, including employment...
Business signals for gold (Xau/USD) 31 January 2025: Buy over $ 2,780 (21 SMA - 8/8 Murray) At the beginning of the American meeting, Gold (Xau/USD) trades around 2,797 with bulls over 21 SMAs and as part of the uptrend channel from 13 January. Gold...
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...
