GBP/JPY Today, I’m observing mixed influences on the GBP/JPY pair from both technical and fundamental standpoints. Fundamentally, with the UK’s inflation remaining subdued, there’s a strong chance the Bank of England may consider a rate cut soon....
The USD/CAD currency pair, currently sitting around 1.39020, is showing signs of a bearish trend. The market has been moving slowly in recent days, but various technical and fundamental factors suggest that we may see a significant movement in the...
The AUD/USD currency pair, currently trading around 0.66180, has been in a bearish trend recently, and this movement has gradually slowed down. The combination of economic factors influencing both the Australian and U.S. economies could result in...
Piercing line Candlestick Chart Pattern The Piercing Line candlestick pattern is a bullish reversal pattern that occurs at the bottom of a downtrend. It signals a potential reversal and suggests that buyers are starting to gain control. Here’s how...
Live Trading Insights: USD Index Weakness Boosts Gold's Bullish Momentum Good morning, everyone, and welcome to today’s live trading discussion! Yesterday, the USD index closed on a bearish note, retreating from the 104.30 level down to 103.60,...