British Pound vs. Australian Dollar: Midterm Forecast and Technical Analysis Introduction The currency pair of the British Pound (GBP) and the Australian Dollar (AUD) has garnered attention due to the unique characteristics of both currencies. The...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis, the market price is bearish, which helps to reduce costs. Currently, the market price is expected to fall further toward the moving average after breaking below the 50-day...
The recent and pronounced decline in the GBP/NZD (British Pound to New Zealand Dollar) exchange rate raises important questions about the sustainability of the currently observed bullish trend. Traders and analysts are closely monitoring the...
The GBP/USD weekly chart presents a long-term bearish trend with multiple retracement phases, consolidations, and resistance rejections. Historically, the pair traded above 1.70 in mid-2014 but experienced a sharp decline due to Brexit uncertainty,...
Market Fundamentals: The release of weaker-than-expected Chinese economic data early in the day has contributed to a subdued market sentiment. The PMI was confirmed at 50.5, falling short of both the previous reading of 51.7 and market expectations....
