The USD/JPY currency pair has been exhibiting a notable bullish trend this month. Since the trading sessions in March, the price has been consistently moving upwards, culminating in reaching the price level of 157.48 as of last week. This...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
Fundamental Analysis Friday's North American session saw a sharp gain in the price of gold as US inflation statistics raised market expectations that the Federal Reserve (Fed) will lower interest rates later this year. The political unpredictability...
alternative option for price action when the support level is reached at 0.90112 would be a plan in which the price stabilizes below this level and moves further south. If this plan develops, I would wait for the price to break through the support...
GBPUSD H4 Hello friends how are you, GBP/USD traded with a negative bias for the second straight day on Friday, although it managed to hold its neck under the previous day's swing. Spot prices are currently hovering around the mid-1.2700s and look...