EUR/JPY: The EUR/JPY pair remains bullish, with the broader uptrend still intact, underpinned by robust support levels. The support zone positioned around 169.00-170.00 is expected to hold firm against any significant downward pressure, while the...
The British Pound is currently licking its wounds after the Bank of England's (BoE) decision to hold rates sent it tumbling to a one-month low. GBP/USD is hovering around 1.2600, potentially setting the stage for a further decline. The BoE's dovish...
USD Index Shows Strong Momentum, Approaching Critical Resistance: Last week ended positively for the USD Index, which closed higher at 104.93, marking a bullish trend from its starting point at 104.81. Currently, it is testing the significant 105.18...
USD/JPY CURRENCY PAIR ANALYSIS: The price initially declined from the 157.60 support level but subsequently bounced back, indicating a brief recovery. However, despite this rebound, the price appears to be stalling and is now testing the critical...
GBP/USD/D1 As long as the demand area remains intact, the opportunity for GBP/USD to continue its upward trajectory appears substantial. This demand area acts as a critical support zone, and its preservation is key to sustaining the bullish outlook....