General Points of GBPUSD: Currently, the GBPUSD market is trading at the 1.2655 level, showing some consolidation at this price point. The UK CPI (Consumer Price Index) and Monetary Policy Report, which were closely monitored, have not provided any...
General Points of EURUSD: The G-20 meetings and the speech by the ECB President have not provided any positive momentum for the EURUSD pair. It seems that these events did little to impact the market favorably for the Euro. Currently, we are...
The USD/JPY pair is trading around the 154.37 level, showing a clear rejection from higher levels near 156.50. The price action indicates a series of lower highs and lower lows, which points toward a developing downtrend on the H1 timeframe. The...
The EUR/USD currency pair is currently in a downward trend, reaching a new 54-week low and falling below the 1.0500 level. This decline is primarily driven by the strength of the US Dollar and the weak economic outlook for the Eurozone. The US...
General Points of AUDNZD: Yesterday, the movement in the AUDNZD market was quite slow, which prevented significant profits. The lack of volatility made it challenging to capitalize on opportunities, as the market remained relatively stagnant. Such...