The Pound Sterling has recently shown impressive resilience against the US Dollar, despite the latter's weakened stance. The US Dollar Index (DXY) dipped below 104.80, contributing to the GBP/USD pair climbing to 1.3040, marking a 0.41% increase....
The GBP/USD currency pair struggled to gain traction on Friday, with a modest 0.13% increase. This tepid performance reflects growing expectations that the Bank of England will lower interest rates next week. The pound has been losing momentum for...
Gold Price Action Study Our conversation today will centre on the analysis of the Gold price changes. Judging by Friday, it's good that you didn't get into gold sales. On Friday, gold quotes showed confident growth again, managing to return above...
Although traders are waiting for the levels from which the yen pairs can bounce down after this upward wave, the price of the pair on the 4-hour chart gives a new upward target, which is the weekly resistance level of 206.64. The price of the pair...
### Analysis of USD/JPY Hello, colleague! It’s true that the current market behavior of USD/JPY seems quite perplexing. It reflects a broader uncertainty affecting multiple currency pairs. Let's delve into the current state of USD/JPY, especially...
