The GBP/USD currency pair has exhibited notable volatility recently, driven by significant changes in monetary policy from both the Federal Reserve (Fed) and the Bank of England (BoE). Currently trading around 1.3265, the pair's movements are...
USD/ JPY Market Momentum Shift The price action analysis of the USD/ JPY currency pair is what we will be discussing today. The USD/JPY pair recently broke through the 149.35 resistance level on the hourly chart, signalling the continuation of the...
The currency pair continued its downward trend for the second consecutive day on Tuesday, trading near the 1.3060 level during the European session. The decline was primarily driven by the strengthening DXY, bolstered by recent US labor market data....
The pair tested levels below the key support of 1.0890 during Tuesday's American session, as the pair gained temporary relief from pressure on the DXY. This followed an announcement from China revealing massive stimulus plans aimed at reviving their...
USD-JPY H4 TIME FRAME Monitoring the USDJPY Pair from the H4 time frame chart, in the end the price could breakout the Resistance level of 149.38 in the opening trade this week. However, in today's trading the price tends to move Bearish,...
