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TitleGBPUSD H$ | Bouncing off support level? TypeBullish Bounce Preference:The price has just bounced off the pivot point at 1.2375, which is a multi-swing low support level. A bounce from this level could lead the price to rise toward the 1st resistance at 1.24059, which is an overlap resistance. Alternative scenario:However, if the price breaks […]

BTC Bounces Back Following the heavy selling we saw across August, Bitcoin prices have turned higher in recent sessions. BTC futures have rallied off the September lows printed last week, trading higher by around 8.5% into the European morning on Monday. BTC came under fresh selling pressure last week amidst fears over the sale of […]

This week will witness meetings of several central banks from both developed and developing countries. Decisions on interest rates will be made by the Federal Reserve (Fed), the Bank of England, the Bank of Japan, the Central Bank of Brazil, the Central Bank of Turkey, and several European economies. Investors are struggling to shift their […]

EURUSD, “Euro vs US Dollar” EURUSD has completed a declining wave to 1.0631. By now, it has performed a link of growth to 1.0686. A decline to 1.0648 is expected today. Practically, a consolidation range is forming around this level. The range might then extend to 1.0700. Next, the price could drop to 1.0608 and […]

The Japanese yen is weakening again against the US dollar. The current USDJPY exchange rate stands at 147.74. The Bank of Japan will hold a regular meeting this week. Due to recent disappointing statistical data, the regulator is expected to keep all its main controls unchanged. It became known earlier that Japan’s GDP in Q2 […]

The price of the currency pair EUR/USD touched the first and very important support at the level of 1.0635 and dived below this level at the end of Friday. Let’s observe what might happen at the beginning of the next trading week. The currency pair may potentially break this level and test the lower and […]