As I analyze the current market situation, I observe that the week has concluded with sellers maintaining their dominance, leaving buyers with little opportunity to recover. I note that trading finished near a critical support zone, a level from...
Japan’s parliament has commenced an extraordinary session as Prime Minister Shigeru Ishiba’s minority government pushes for a supplementary budget aimed at supporting inflation-stricken households and amending political funding laws. Meanwhile, the...
USDJPY Outlook February 22, 2025 Good morning seniors and contributors to the Investsocial forum. Hopefully all of you are in good health and excited towards the end of the month. Hopefully today there is a good moment to make transactions in the...
The British pound (GBP) experienced a reversal against the US dollar (USD) on Friday, relinquishing its earlier gains and turning negative after reaching a two-month high near 1.2680 during the North American trading session. This shift in momentum...
GBP/USD Technical Analysis H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart rose towards 60 after falling to the 50 area on Wednesday, suggesting that technical buyers remain interested. On the upside, 1.2650 (78.6%...
