The British pound (GBP) displayed resilience against several major currencies on Wednesday, demonstrating its strength except when pitted against traditional safe-haven assets like the US dollar (USD) and the Japanese yen (JPY). This nuanced...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. The market price rises and forms an ascending channel. Breaking this channel of the market price is of great help to the price increase. If the market price is above this,...
the US Core PCE Price Index and Employment rate will determine the new request sentiment of USD/ CHF. So, the dealers should trade precisely and according to the new request sentiment. also, the Average GDP and Severance rate handed significant...
Specialized analysis of EURUSD Today I choose EUR/ USD for specialized analysis. The request price is going up, and now the trend line is helping the trend line; the trend line is helping the request price,but now the request price has crossed the...
GBP/USD Price Action Momentum There was a sideway in the GBPUSD market until the end of this week. The price moved within the range of the SMA 50 line at 1.2374 and the resistance line at 1.2559. The price closed this week in the SMA 50 area. The...