On the GBP/USD W1 time frame chart, the currency pair is currently trading at 1.3153, and the overall market sentiment appears to be leaning toward the bearish side. Over the past few weeks, the pair has experienced a gradual downward trend,...
The GBP/USD exchange rate is facing a challenging landscape, driven by mixed economic influences on both currencies. The pair recently broke below the previous day's low of 1.3352, tumbling by more than 137 pips. This sharp movement underscores the...
Trading journal Saturday, October 5, 2024 EURJPY Assalamu'alaikum, Good morning forum friends, how are you today? Hopefully you are in good health so that you can carry out your routines well. It doesn't feel like it's already Saturday and the...
The price of gold (XAU/USD) experienced a decline, trading around $2,650 an ounce on Friday. The strengthening US dollar, driven by positive US labor market data, put downward pressure on gold. The US non-farm payrolls (NFP) report revealed that...
The EUR/JPY currency pair has been a focal point for traders and analysts due to its sensitivity to both European and Japanese economic indicators. As the pair approaches the crucial support level of 160.23, market participants are closely watching...