EUR/USD Technical Analysis: Right now, EUR/USD is hovering around 1.0920 with a slight upward push. I’m keeping an eye on 1.0900 and 1.0875 as key support levels, while 1.0950 and 1.0980 stand out as resistance zones. The pair is trading above the...
USD / JPY: An Hourly Time Frame Road Map This overbought level of 157.26 indicates that the bears or sellers will likely pull back, as the market reaches a point of resistance. The price has pushed too high without a clear retracement, and sellers...
GBP/JPY Market Analysis Good Morning to everyone! The market of GBP/JPY reached the 195.36 zone on Friday, marking a significant level that captured traders' attention. The UK Construction PMI is the only notable news event that could provide some...
Pips In Trading Pips in Trading In financial trading, particularly in forex (foreign exchange), a "pip" stands for "percentage in point" or "price interest point." It is a standard unit of measurement used to express the smallest price movement that...
•••GBP/USD Market Analysis: Navigating the Crossroads of January 6,2025••• • The currency markets are alive with anticipation as we kick off the new year, with GBP/USD in focus as it hovers around the 1.2400 mark. Traders are on edge, carefully...
