Good evening fellow traders, from yesterday's movement at least it is very clear that GBPUSD still has the opportunity to make a big jump, in fact it is quite easy for GBPUSD to penetrate the important area at 1,2300 again, even though it looks like...
Technical analysis of the EURUSD pair On the 4-hour chart, the price is trading outside the price channels, as the channels were broken and the price is now returning to retest. During this week, the price traded in an upward direction, as it...
EUR/JPY Price Reaction The current price of the EURJPY pair is at the level of 162.637. The movement looks dominant above the strong support area at 161.389, indicating a fairly dominant buying sentiment since the beginning of this week. The chart...
USDJPY currency pair - let’s look at the D1 period chart today. At the end of December, a narrow range formed at the top of the movement. The price was sawing in a narrow sideways range for over ten days in a row. Despite: Although built in...
European Central Bank (ECB) policymakers have expressed concerns over the Eurozone’s slowing economic growth, intensifying speculation about an impending rate cut. However, uncertainty looms over the magnitude of the potential reduction, as market...
