The GBP/USD exchange rate, currently at 1.2640, reflects the relationship between the British pound (GBP) and the United States dollar (USD). This pair is one of the most traded currency pairs in the forex market, known for its liquidity and...
Crude Oil Price Action The discussion is currently analysing the Crude Oil price behaviour. The lower boundary of the Ichimoku cloud serves as a strong support, while the upper boundary acts as a strong resistance. When the price enters the cloud,...
The USD/JPY currency pair encountered significant resistance near the 160.00 mark as the yield on the US 10-year Treasury note dropped by three and a half basis points. This decline created headwinds for the Greenback, given the positive correlation...
Analysis of the USD/CHF Pair: The USD/CHF pair is trading close to the day's opening level of 0.8935 and above the daily Pivot level of 0.8957, where a decrease in volume typically occurs. On the H1 chart, if the price remains above the 0.8928...
The GBP/USD currency pair, representing the British Pound against the US Dollar, is currently trading at 1.2669. The trend has been bearish, suggesting that the Pound has been weakening against the Dollar. While the market has been moving slowly,...