The US dollar is strengthening against the yen at key levels The US dollar showed modest strength against the Japanese yen during early trading on Monday, with the 150 yen level remaining a key target for market participants. Technically, the pair...
General Points about GBPUSD: After a significant decline, the GBPUSD market is now returning to its original position, which is a positive development for investors. The recovery signals a potential bullish trend, providing an optimistic outlook for...
If we look at it on a shorter time frame, say 4 hours, yesterday the price fell and it seemed possible that the next day it would become even more bearish. The candlestick now stops below the 151.50 price area. As a reference that we will use to...
AUD/USD continues to take traders on a rollercoaster ride. AUD/USD rose 0.85% on Monday, recovering most of Friday's 1% drop. In the European session, the Australian dollar was trading at 0.6443 at the time of writing. The week ended with a jump in...
General Points about GBPJPY: Last week, we observed that the GBPJPY market started moving back toward its key levels, signifying a potential resurgence in bullish momentum. The movement highlights the natural correction process markets undergo...