Have a great day everyone! I am observing the following situation on the EURUSD currency pair: the linear regression channel on the M15 chart has an upward slope, indicating that buyers are strong in the market. Buyers' activity shows an excellent...
GBP/USD GBP/USD Maintains the Upside Impulse, Targets 1.3000 The overall confidence in the risk-linked universe, collectively with the Greenback's steady price action, supports the advance higher in GBP/USD, which re-focuses its attention on the...
The US Dollar (USD) continues to strengthen, buoyed by cautious remarks from Federal Reserve Chair Jerome Powell and robust economic data from the US. Powell's recent comments have raised expectations that the Fed may not need to cut interest rates...
EURUSD TECHNICAL ANALYSIS INTRADAY The EUR/USD pair is trading around 1.0900 and is still in a corrective phase. I anticipate further declines but expect a corrective rebound towards 1.0 8900 before the pair resumes its downward movement. Technical...
Political uncertainty in Japan is seen as a limiting factor for the BoJ’s ability to raise key borrowing rates further, causing market participants to dial back expectations for aggressive tightening. This week, investors are focusing on the...