GBP/JPY Price Analysis The data published by the US Census Bureau announced on Friday that Retail Sales declined by 0.9% on a monthly basis in January, coming in worse than the market expectation for a decline of 0.1%. The US Dollar (USD) Index...
On Friday, sellers pushed the price down quite well, there was a good opportunity to continue the fall with the start of the tors, but buyers were able to regroup apparently over the weekend and stop this active fall, having won back almost half....
I observed that the NZDUSD pair was initially trading near the resistance level of 0.56732, but it began to roll back from this point. I noticed that the pair dropped to the level of 0.55471, where I identified significant buying volume. Based on...
USD/ CHF Price Watch The USDCHF pair formed a double top on the daily chart. The current price is 0.89210. The maximum support level is 0.8800. This area has been opened several times. Some sellers are working here. They are trying to raise the...
As investors become more cautious ahead of Tuesday's publication of the United Kingdom's (UK) three-month December employment statistics, the GBP remains stable versus its major peers at the beginning of the week. Investors will closely monitor UK...