GBP/USD OUTLOOK ANALYSIS: On the GBP/USD D1 time frame chart, the GBP/USD currency pair is showing indications of a potential bearish trend. Upon analyzing the recent price movements and chart patterns, it appears that there is a possibility of...
EUR/JPY Market Analysis Greetings and Good morning to Everyone! The market of EUR/JPY remained in favor of buyers in the last week. In this week, I expect that the buyers will lose their value. And, the price can drop sharply down and test the...
Trade Analysis and Tips for Trading the Euro The price test at 1.1021 occurred when the MACD indicator started moving downward from the zero mark, confirming the correct entry point for selling euros. As a result, the pair plummeted by more than 25...
The pair reversed its earlier losses and registered modest gains of over 0.09% on Monday, bolstered by renewed strength in the US Dollar. Despite this rebound, the pair remains vulnerable to key economic data expected later in the week. Currently...
On Monday, the spot price managed to pause its recent decline against the DXY, with investors turning their attention to potential gains following the release of the September meeting minutes. These minutes indicated that the cash rate is likely to...