GBP/JPY Trading Analysis Update Wednesday, February 5, 2025 The Japanese Yen currency outlook strengthened again after the release of Average Cash Earnings y/y data which jumped 4.8% from the previous data of 3.9%. In fact, the results of the data...
BTC/USD H4 chart: Today, the BTC/USD market shows a strong upward movement, trading at 97980. Yesterday, Bitcoin tried to break the 100 EMA on the H4 chart and encountered resistance at 101,500 but could not maintain momentum. As a result, BTC/USD...
The EUR/GBP cross has exhibited a consistent upward trend for the past three days, following a surge during the Asian trading session. This upward movement is underpinned by fundamental factors that appear to favor further depreciation of the euro...
Bitcoin experienced a strong decrease during Tuesday's commercial session, but there are early signs that the 50 -day EMA is beginning to be reaffirmed as a support level. Although the market is currently noisy and choppy, I think that given enough...
The EUR/USD pair fluctuates close to the weekly peak set earlier this Wednesday, and we cannot build on this week's strong rebound from the 1.0200 area or the lowest level since January 13. Due to conflicting fundamental signals, spot prices are...
