At the beginning of the week, the Pound Sterling (GBP) lost ground compared to its main competitors. Selling pressure on the British pound persists as rising rates on UK 30-year gilts heighten worries about the country's economic future—the yield on...
The pound continues to fall The British pound continues to lose ground, showing a noticeable lag behind the trajectory of UK government bond yields. Deutsche Bank analysts recommend selling the pound based on data from a broad trade-weighted index....
T E C H N I C A L _ A N A L Y S I S U S D / J P Y I would examine how USD/JPY prices have changed over time and how this has affected market behavior. Let's elaborate on the price action of USD/JPY. USD/JPY is trading at 157.18 at the time of...
USD/JPY Technical Analysis: As of January 13, 2025, the USD/JPY pair is trading at approximately 158.12, reflecting a slight increase of 0.03% from the previous close. The pair has recently encountered resistance near the 50-period Weighted Moving...
Forecast of USDCHF On the H4 time frame chart, the USDCHF price is currently trading in the range zone; however, bears are gaining strength, therefore there is a greater chance that the USDCHF will break the range zone's support level to the...