GBP/USD Market Analysis August 5, 2024 In yesterday's trading, the GBPUSD currency pair still tends to look depressed and weakening, but this morning it seems that there is a buyer force trying to enter the market so that it can boost the pound...
Your analysis of the CPI in Australia highlights key aspects of the inflationary trends there. A 3.8% year-over-year increase in the CPI indicates ongoing inflation, though the projected 1% annualized growth rate for the second quarter suggests a...
The EUR/USD currency pair showed notable gains last Friday and continued its upward movement into Monday, surpassing the resistance level at 1.0944. The pair surged from an opening price of 1.0910 to 1.0999, a rise of about 95 pips. However, the...
USD/JPY ANALYSIS 06 AUGUST 2024 We know that USDJPY has been down for a long time. If viewed from a large timeframe such as daily, the decline is very sharp. Last Monday, with conditions that were already oversold, USDJPY was still able to continue...
Hello. the continuation of growth after Friday's price surge seemed like a fairly logical development yesterday. But ultimately, sellers made an attempt to recapture the entire growth, and it is possible that today they will continue to move the...