The Japanese Yen (JPY) continues to weaken against the US Dollar (USD) as the European session opens on Friday, driving USD/JPY to a fresh two-week high near the 143.85 mark. The JPY remains under broad selling pressure amid improving risk sentiment...
General Points about USDCHF: Twice, the SNB Chairman’s speech did not provide any significant benefit to the CHF, which is why the market closed at the 0.8273 level yesterday. Despite two consecutive speeches, no considerable support was seen for...
GBP/USD 26 April 26 April 2025 The wave pattern on the GBP/USD graph also turned into a bull, impulsive structure - "thanks" Donald Trump. The wave image is very similar to the image of the EUR/USD. Until February 28, we observed the creation of a...
The EUR/USD pair trades on the back foot near 1.1350 during North American trading on Friday, as the US Dollar regains ground on rising hopes of a thaw in US-China trade tensions. The Greenback, measured by the US Dollar Index (DXY), extends its...
GBP/USD Technical Analysis using SMC Concept Market Structure Overview The GBP/USD chart on the 15-minute timeframe shows a clear market structure using the Smart Money Concept (SMC). Initially, an uptrend is visible with higher highs and higher...