The foreign exchange market saw a surprising turn of events on Friday during the European session. The GBP/JPY currency pair defied expectations by surging past the key psychological support level of 200.00, reaching a new multi-year high of...
The Japanese yen is weakening significantly against the US dollar. This is due to a combination of factors, including expectations of continued high interest rates in the US and ongoing weakness in the Japanese economy. On one hand, the US Federal...
EUR/ USD Price Activity Today's focus is on analyzing the price movements of the EUR/ USD Currency pair. When there's talk of a potential rollback, it's worth investigating why it might succeed. The dollar fundamentals aren't so disruptive that they...
GBP/ USD: The Language of Price Movements The analysis of the GBP/ USD Currency pair's price action will be the main topic of our conversation. Yesterday, the daily chart indicated a strong sell signal for the GBP/USD currency pair, showing a...
The US West Texas Intermediate (WTI) crude oil prices saw a modest decline during Asian trading on Thursday. This comes despite continued optimism in the market, with prices hovering near a two-week high reached the previous day. This price movement...