USDJPY MARKET ANALYSIS On Tuesday (June 25), USD/JPY rose 0.1% to 159.68, remaining in a narrow range. The dollar's rise on Tuesday was mainly supported by hawkish comments from Federal Reserve officials and US data showing a stable housing...
The USD/CAD exchange rate, currently sitting at 1.3740, is experiencing a bearish trend. This indicates a decline in the value of the US dollar relative to the Canadian dollar. The downward trajectory of this currency pair suggests that market...
The West Texas Intermediate (WTI) oil price struggles to halt its three-day sideways movement, trading around $81.10 per barrel during the Asian hours on Wednesday. Recent reports from Reuters highlight that the Organization of the Petroleum...
The GBP/USD currency pair has begun forming a bottom with the lower red channel line, targeting the weekly resistance level of 1.2686. If the price successfully breaks the resistance at 1.2670 and the D1 candle closes above it, this could be a buy...
GBP/USD Analysis: Currently, the market shows strong bullish sentiment for the GBP/USD pair. The level of 1.2647 is crucial as it represents the highest point reached in the past year, indicating significant resistance. If we manage to break this...