The USD/JPY pair has exhibited strong bullish momentum, climbing toward the critical resistance level of 151.88. This level is highly significant, as it aligns closely with the 200-day moving average at 151.97 and key Fibonacci retracement zones at...
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The GBP/USD currency pair also traded in both directions on Monday, as if the market was deliberately trying to confuse traders. Last week, the British pound gained strength despite very little reason to do so. Some US news was weaker than expected,...
Recent U.S. macroeconomic data has provided a more optimistic outlook for the economy, alleviating concerns of an imminent recession. Stronger-than-expected consumer inflation figures suggest that the U.S. economy remains resilient, boosting...
Trading journal Tuesday, December 10, 2024 USDCAD pair Good afternoon. Hopefully all members and moderators of the Investsocial forum are in good health. Hopefully we all become successful traders. Let's continue the discussion to share analytical...