Will the Bank of Japan Intervene? Recent media reports have raised concerns about potential intervention by the Bank of Japan due to a significant weakening of the national currency, which has declined by approximately 13% since October. Many banks...
The prices have shown a positive bias for the third consecutive day, trading around the mid-$70.50 mark during the EU session on Thursday. This uptick comes as the commodity nears a one-week high, driven by optimism over potential improvements in...
TRADING CHART ON GBP USD H1. The GBP/USD pair has shown a predominantly bearish trend on the H1 chart, as evidenced by the price's consistent trading below the 200-period moving average. This moving average acts as a dynamic resistance, reinforcing...
AUD/ USD Price Recap We'll be analyzing the price fluctuations of the AUD/ USD currency pair. In this regard, there is an assumption that sales look more convincing, and I expect the Australian currency at the level of 0.6200, from which it has been...
The GBP/JPY pair appears to be trading in a bullish trend overall, as indicated by the price action moving above the red moving average line. This moving average acts as dynamic support and resistance, suggesting a continued upward trajectory. The...
