GBP/JPY Analysis: Recent Movements and Future Outlook Introduction Today, the GBP/JPY currency pair exhibited significant volatility, attempting to break below the critical support level of 188.19. This analysis will explore the recent price...
Market participants are closely watching macroeconomic developments, particularly in the context of inflation and the Federal Reserve's interest rate decisions. The expectation of lower taxes and higher import tariffs could lead to a high inflation...
Fundamental Analysis: The ongoing uncertainty caused by U.S. tariffs is one of the key drivers behind the AUD’s recent weakness. President Donald Trump’s decision to impose a 25% tariff on imports from Mexico and Canada, along with a 10% duty on...
Analyzing the Daily Chart for Trading Insights As a trader with limited financial resources, I primarily focus on shorter timeframes for trading decisions. However, I also take the time to analyze the daily chart to gain a better understanding of...
EURUSD Technical Analysis EURUSD is currently trading around 1.03335 on the hourly timeframe. The pair has been in a sharp downtrend, breaking key support levels and showing strong bearish momentum. The 150-period moving average remains above the...