The spot price has been under significant pressure in recent months, primarily due to external factors such as slowing economic growth in China, its largest trading partner, and the strengthening U.S. Dollar. China’s lackluster economic stimulus...
GBP/USD GBP/USD Market Outlook: As we approach the end of the year, the GBP/USD currency pair is showing resilience amid a backdrop of global economic uncertainty. Several key factors are shaping the market dynamics, primarily the Federal Reserve's...
The EUR/USD pair finds itself navigating complex dynamics driven by diverging perspectives on European Central Bank (ECB) policy and external influences bolstering the U.S. Dollar. While upcoming economic data releases and statements from central...
The US dollar hit resistance at the ¥158 level and pulled back slightly in recent trading. However, this appears to be part of a broader consolidation phase as the pair builds momentum for an eventual breakout to the upside. The long-term bullish...
USD/JPY Technical Analysis: Today, USD/JPY is hovering around 141.80, showing slight bearish momentum. From what I’m seeing, the key support levels to watch are 141.50 and 141.00, while resistance sits at 142.20 and 142.80. Looking at the...
