The EUR/JPY pair remains in a bearish phase, with the resistance at 156.78 preventing any sustained recovery. As long as the price stays below this level, downward pressure is expected to dominate, with a potential decline of 84 to 125 pips. The RSI...
The EUR/JPY pair has been exhibiting bearish characteristics, with its inability to break above the resistance at 156.78 reinforcing the downside bias. With the pivot point acting as a crucial level, the downside is expected to prevail as long as...
General Points about EURUSD: We observed on Friday that the German and French Flash data did not provide much benefit to EUR/USD buyers, which resulted in the market closing at the 1.0457 level. The Euro faced pressure from weak economic data,...
The GBP/AUD currency pair has shown strong upward momentum, with expectations of a potential increase ranging between 53 and 79 pips, provided that the 1.9795 support level holds. The market remains in a bullish structure, as long as buyers...
GBP/USD Analysis Good Morning guys! The UK Retail Sales and Flash Manufacturing index was also better this week. So, I expect that the incoming days will help the buyers of GBP/USD later. So, we can open a buy order with a long-term target of 1.2700...
