GBPJPY Analysis GBPJPY suffered heavy losses for the second day in a row as investors struggled to cope with the impact of President Trump’s recently announced tariffs on Japan and the UK. The imposition of a 24% tariff on Japanese goods and a 10%...
Technical analysis of GBPUSD The GBPUSD pair is currently exhibiting a downward trend, trading at 1.2895 at the time of writing. This movement suggests bearish momentum in the near term, with key levels to watch for potential reversals or...
The US Dollar against the Japanese Yen is currently forming a "Head and Shoulders" pattern on the chart, which is a well-known technical pattern that suggests a potential reversal in the price direction. The "Head and Shoulders" pattern consists of...
Hello colleagues, Yesterday, we observed an upward movement in the currency pair, trending north. However, today has brought a notable shift, as we're currently witnessing a strong downward movement, heading south for the time being. This change in...
Gold is currently trading within an upward channel, which is a type of technical pattern indicating that the price is moving in an upward direction, where the upper boundary of the channel acts as resistance and the lower boundary acts as support....