GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as markets digest key economic data and central bank expectations. I’m keeping a close eye on Bank of England (BoE) Governor Andrew Bailey’s speech later today, which could provide...
Currently, on the daily chart for #GBP/USD, I am observing a diverse technical landscape that requires careful analysis. The 100-period moving average (MA100) is moving almost parallel to the horizontal axis, indicating a flat market sentiment over...
Analysis of USD/JPY on H1 Timeframe In this analysis, I will focus on the USD/JPY currency pair using the H1 (one-hour) timeframe. Currently, the price is trading above both the 21-period and 34-period Moving Averages, indicating that the trend is...
market has developed successfully, and I can now see that the initial confusion I experienced has given way to a clearer understanding of the situation. I observe that the trend has reached a logical point at the resistance level, which is directed...
The EUR/JPY currency pair experienced an upward trend in early European trading on Wednesday, reaching approximately 156.95. This increase was primarily driven by growing optimism surrounding potential fiscal stimulus in Germany, which provided a...