General Points about USDJPY The USD/JPY market has reached the 153.15 level and could potentially move higher, signaling a possible continuation of the upward trend. After a period of volatility caused by recent USD-related news events, I believe...
GBP/JPY MarketOutlookk Greetings and Good morning guys! The overall market sentiment of GBP/JPY looks in favor of buyers. They can cross the 193.77 zone this week. Also, the UK MPC Official Bank Rate can change the market sentiment tomorrow. The...
Shorting gold or buying it at current prices does not present an optimal opportunity for short sellers. The reason is that once the initial impulse wave to the upside concludes, the prevailing downtrend will be broken. Therefore, if prices fail to...
Date: 5th February 2025. Stock Market Drops as US-China Trade War Escalates; Gold Hits Record High. US Dollar Weakens Amid Market Uncertainty * The US dollar continued to weaken, extending Tuesday’s 0.7% drop following disappointing US jobs data. *...
Trading journal Wednesday, February 5, 2025 GBPUSD Assalamu'alaikum, hopefully everyone is still in good health and more enthusiastic on Wednesday afternoon. Hopefully we can all be successful this year. Allow me to update the trading journal....