Trade Analysis and Tips for Trading the Japanese Yen The price test at 139.90 occurred when the MACD indicator had just begun its downward movement from the zero mark, confirming a correct entry point to sell the dollar in continuation of the recent...
The GBP/JPY exchange rate continued its downward trajectory for the second consecutive day, trading near the 184.20 level during the European session on Monday. Despite the Japanese yen's resilience due to low trading volumes during the bank...
Currently, GBP/USD is trading below the trend line, reinforcing the view that the market is under significant selling pressure. The break below this trend line has transformed it into a key resistance level, making it challenging for bulls to regain...
GBP-USD PAIR FORECAST The increase in the GBPUSD pair price is still supported by the weakening US Dollar outlook. If you look at the dollar index which has decreased significantly until now it is below the level of 101.00. This means that the...
Technical analysis of the GBPUSD pair The price is trading in a good buying zone after the price succeeded in breaking the price channels and breaking the weekly resistance level of 1.3184. The price started trading within the price channels shown...