•••USD/JPY: What’s Happening in the Markets Right Now?(January 6,2025)••• • Right now, all eyes are on USD/JPY. The pair has been bouncing around, and today it’s sitting at around 157.72. With so much happening behind the scenes in both the U.S. and...
The EURJPY pair's inability to fall below the 161.09 level is a significant sign in the current market pattern. This pattern suggests that the market may be forming a strong stabilization period. The price movement is still around the 200-day Moving...
The GBP/USD currency pair commenced the new week with a subdued trading range above the 1.2400 level, struggling to capitalize on the modest recovery observed on Friday. This lackluster performance comes amid a broader bearish sentiment, with the...
GBP/JPY Market Analysis Good Morning to everyone! The market of GBP/JPY reached the 195.36 zone on Friday, marking a significant level that captured traders' attention. The UK Construction PMI is the only notable news event that could provide some...
The chart provided represents the NZDCAD currency pair on the H1 (hourly) timeframe. Let’s analyze the price action, indicators, and potential future movements. 1. Price Action The price is currently trading around the 0.8090 region, slightly below...
