The USD/JPY currency pair encountered significant resistance near the 160.00 mark as the yield on the US 10-year Treasury note dropped by three and a half basis points. This decline created headwinds for the Greenback, given the positive correlation...
A bearish week for the brace, as the price began trading within the price triangle that was formed as a result of the confluence of the bearish red channel, which represents the price movement during the former week only. The blue upward channel...
Hello all, Gold traded within a narrow range on Wednesday, reaching a peak of $2,335 and dipping to $2,324. Initially breaching the potential decline threshold, the price swiftly retreated back into consolidation. It briefly crossed above the 20-day...
The GBP/USD currency pair is currently trading around 1.2640, and the market sentiment is predominantly bearish. However, there are several factors suggesting that we could witness significant movement in the coming days. ### Current Market Overview...
The GBP/USD exchange rate, currently at 1.2640, reflects the relationship between the British pound (GBP) and the United States dollar (USD). This pair is one of the most traded currency pairs in the forex market, known for its liquidity and...