Technical analysis of the GBPUSD pair The technical analysis of the pair on the 1-hour chart shows the price trying to break the resistance area upwards. Today, the price started trading inside the triangle marked in white, which is the common area...
Analysis of EUR/USD Currency Pair Introduction Assalam Alaikum! In my analysis of the EUR/USD currency pair, I perceive the recent decline as a potential corrective step, suggesting that this downtrend could reverse at any moment. Based on...
During yesterday's speech in the House of Representatives, Jerome Powell did not provide any new information, reiterating that there is no immediate need for a rate cut. Additionally, the expected U.S. Consumer Price Index (CPI) for January is...
USD/JPY Fundamental Analysis: USD/JPY is at a critical level today as all eyes are on the U.S. inflation report. If CPI comes in higher than expected, it could reinforce the Fed’s hawkish stance, keeping rate cuts off the table for now and...
Hello. Yesterday we saw a good upward movement in the Pound, and it is unclear why the Dollar began to lose ground so much. Everyone was waiting for Powell's speech, who said that the Fed does not see any point in rushing to lower rates....
