GBP/ JPY: The Power of Price Action The GDP data report m/m and several other UK economic data released this afternoon showed optimistic results for the outlook for the Pound Sterling currency. This possibility can support the rally in the price...
13 February 2025 USD/CHF drops below 0.9100 as US Dollar depreciates ahead of US PPI data. USD/CHF depreciates approximately 0.50%, trading around 0.9080 during the European hours on Thursday. The decline of the pair could be attributed to weaker US...
Forecast of Gold Since the last few trading hours, the price has been running in a certain area and hovering around the 12 EMA line on the H1 time frame chart, suggesting that trading activity is in the range zone. There are more chances that the...
USDCAD currency pair - let’s consider the D1 period chart. The first three trading days this week were rather sluggish. We can look a little deeper into history for now. Last week, the price continued its upward slope before large funds pushed the...
The currency pair (EUR/JPY) has shown a relatively stable trading pattern, hovering around the 161.00 level for the fourth consecutive day during the Asian trading session on Thursday. The Japanese yen (JPY) weakened on growing concerns that...
