In the dynamic landscape of the GBPJPY market, a fascinating tug-of-war has emerged between the forces of buyers and sellers, each vying to assert dominance and influence the trajectory of the currency pair. This intricate dance of supply and demand...
If the USD/JPY price climbs above 156.88, it signals that buyers are aiming for a fresh uptrend toward the critical 157.23 resistance level. This level is crucial as it acts as a barrier to further price increases. If the price surpasses this level,...
The British Pound (GBP) took another hit on Friday, June 14th, as the US Dollar (USD) strengthened across the board. The GBP/USD currency pair dropped to around 1.2660 during the US trading session, reflecting a broader rise in the USD. This rise in...
WTI Crude Weekly Technical Review The West Texas Intermediate (WTI) crude oil market moved sharply higher this past week, putting pressure on the psychologically important $80 level. A break beyond this milestone could pave the way back to $85. The...
Analysis of the market situation for the Australian Dollar / US Dollar currency pair. The period of analysis is time-frame 4 hours. We will study the market movement and draw up a priority trading plan for the analyzed instrument using several...