GBP/USD pair, representing the exchange rate between the British Pound and the US Dollar, is one of the most actively traded pairs in the forex market. It is heavily influenced by a variety of economic, political, and financial factors from both the...
EUR/JPY daily H1 timeframe chart Greetings. The current market analysis fully endorses the sell signal. This alignment occurs because it adheres to the established for initiating a short position. Specifically, the indicator's curve is trending...
The USD/CAD exchange rate, currently sitting at 1.3740, is experiencing a bearish trend. This indicates a decline in the value of the US dollar relative to the Canadian dollar. The downward trajectory of this currency pair suggests that market...
EUR-AUD PAIR ANALYSIS The release of the Australian CPI news made EURaud move aggressively today. Data that exceeded expectations made the Aussie dollar strengthen further against the euro. It seems that Australian inflation is still high. In this...
The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...