TRADING CHART ON USD/JPY H4. Weak US economic news late last week made it harder for USDJPY to increase. The price has mostly dropped since Monday's market opening. The opening price of 152.34 was lower than both 152.78 and the EMA 50. When the...
The EUR/GBP currency pair remains under selling pressure as price action continues to trade below the crucial resistance level of 0.8288, which acts as a barrier preventing any significant upward movement. As long as the price remains under this...
We are examining the dynamic pricing behaviour of the GBP/ USD currency pair in real time. It is difficult to guess at the moment what the further actions of major players will be. So far we have only gone above the level of 1.2600. As I said a...
The NZD/USD currency pair continues to exhibit strong bearish momentum, as price action remains firmly below the critical pivot level of 0.5765, which serves as a significant resistance zone. As long as the price remains beneath this level, the...
The outlook for the US Dollar and bond yields remains robust as the Federal Reserve is anticipated to deliver fewer interest rate cuts this year, buoyed by an upbeat economic trajectory. Market sentiment is further strengthened by optimism...