As investors process the Bank of England's (BoE) dovish stance on interest rate outlook and downwardly reduced Gross Domestic Product (GDP) predictions for the year, the GBP outperforms its main rivals at the beginning of the week. Following the...
EUR/ USD Price Watch In early January, EUR/USD moved in a fairly stable range before finally experiencing a sharp decline. I observed an increasingly dominant selling pressure pattern, especially after the price failed to break through the...
GBP/JPY Market Outlook Greetings and Good Morning to everyone! The market of GBP/JPY is in an oversold area, indicating that selling pressure has been excessive and a potential reversal may be on the horizon. Recently, the pair had crossed up to 200...
The Australian dollar has exhibited notable strength against the U.S. dollar, with the AUD/USD pair maintaining an upward trajectory in recent trading sessions. The key pivot level at 0.6265 has proven to be a crucial technical reference point,...
AUD-USD PAIR Judging from what was in the previous week, it actually appears that the price did have a gap in the decline that could be said to be extraordinarily large, gan in this AUDUSD pair where the price was also below the 0.61 area,...
