The British pound is unraveling at an accelerating pace, with GBP/USD notching a fourth consecutive daily defeat on Friday and staring down a cumulative weekly loss exceeding two percent as the currency buckles under the weight of an intensifying...
Technical and Fundamental Analysis of the USD/JPY Pair USD/JPY finished Friday’s session near the 158.70 region, extending its recovery rally for a fifth consecutive trading day as the US dollar continued gaining momentum against the Japanese yen....
I am closely watching the USD/CAD weekly chart, and I can confidently say that the technical outlook continues to favor further growth in the medium-term perspective. I see that the pair has already formed a second consecutive bullish candlestick,...
*Market Structure Context Analysis* GBP/USD on the 1/h timeframe shows a _bearish continuation after a confirmed break of structure_. From May 15 into May 16, price traded in a range between 1.33400 and 1.33900, forming lower highs. The break below...
17 May 2024 USDJPY Climbs Toward 158.742 as Wide Yield Gaps and Dollar Appetite Sustain Upward Pressure Bullish Trajectory Looks Unshakable on Higher Timeframes USDJPY is hovering around 158.742 right now. The pair just keeps stretching its massive...