The GBP/JPY pair has exhibited a pronounced bearish inclination, with technical indicators aligning to suggest a continuation of the current downtrend. The Relative Strength Index (RSI) remains below the critical 50 mark, a key indication that...
The EUR/JPY exchange rate is currently exhibiting signs of potential volatility, with price action fluctuating within a defined range of 97 to 144 pips. This range highlights the uncertainty surrounding the pair’s near-term trajectory, with traders...
The upcoming week (February 17–23, 2025) presents several significant economic events that could influence the forex markets. Here's a detailed overview, including their potential impact levels: Monday, February 17: Eurozone Consumer Price Index...
Gold (XAU/USD) Technical and Fundamental Analysis Technical Analysis On the 1-hour chart, Gold was in an uptrend, but the market broke the structure and switched to a sell-off. However, the price has yet to retest the broken structure, indicating a...
I believe the USD/JPY pair’s recent decline reflects a combination of broad-based U.S. dollar weakness and emerging demand for the Japanese yen as market sentiment shifts. I observe that the pair failed to test its two-week low last week, but the...
