GBP/USD Market Outlook The GBPUSD pair price movement until now remains in a bearish trend. The increase in the UK inflation results (CPI) released yesterday did not seem to support the outlook for the Pound Sterling currency. The price was again...
•••USD/JPY: A Narrow Range Amid Macroeconomic Forces November 21,2024••• The USD/JPY currency pair is trading within a narrow range today, with buy orders at 154.97 and sell orders at 154.95. This small fluctuation reflects ongoing market...
General Points of EURUSD: The G-20 meetings and the speech by the ECB President have not provided any positive momentum for the EURUSD pair. It seems that these events did little to impact the market favorably for the Euro. Currently, we are...
Gold Analysis Spot gold is trading at $265.58 an ounce and is trading sideways at a high level. With support at 2630 and pressure at 2678, the support and pressure levels are both high and low. Gold broke above the morning high at 2655 today after...
USD/JPY Technical Analysis: The USD/JPY pair is holding steady around the 149.50 mark, staying just below the key 150.00 resistance level. If the pair breaks above this, we could see a rally towards 150.40 or higher. On the flip side, 149.00 is...