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 USD/JPY pair is in a strong uptrend, as evidenced by the consistent series of higher highs and higher lows. The price action remains above the red moving average, which acts as dynamic support. This bullish momentum indicates robust buying...
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GBP/ USD Market Sentiment Let's talk about the price movements of the GBP/ USD currency pair. If we come down to earth and look at what is happening on this trading instrument right now, then in fact, the volume level of 1.2573 did not want to let...
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...
