GBPJPY Analysis The daily chart of the GBP/JPY pair shows a symmetrical triangle pattern. The fact that prices are moving up and down indicates that the milk supply is stable. The breakout direction determines the next trend. The price is currently...
On Friday, Gold continued his bearish setback, falling to a new minimum of $ 2,833. This decrease exceeded prices below the minimum of three weeks of $ 2,853, marking another weekly breakdown and reinforcing the prevailing negative feeling. If Gold...
NZDUSD currency pair - D1 chart. After the last growth wave updated the previous maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it. It is only needed to detect divergence,...
Market Fundamentalsata released by the Bank of Japan reveals that the Services Producer Price Index (PPI) increased by 2.9% year-on-year (YoY), up from 2.6% in the previous month. This rise follows last week’s stronger consumer inflation data from...
The GBP/USD pair is hesitant after the recent surge and is trading near the 1.2622 level. The price has been moving up since early February and has recovered from its lows. However, the recent price action shows that the currency pair is facing...
