The GBP/JPY pair appears to be trading in a bullish trend overall, as indicated by the price action moving above the red moving average line. This moving average acts as dynamic support and resistance, suggesting a continued upward trajectory. The...
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...
AUD/ USD Price Recap We'll be analyzing the price fluctuations of the AUD/ USD currency pair. In this regard, there is an assumption that sales look more convincing, and I expect the Australian currency at the level of 0.6200, from which it has been...
GBP/USD Price Action Alert Our conversation revolves around GBP/USD's current pricing behavior, which we're analysing. As we approach the end of the trading week, with today being 26th December and tomorrow marking Friday’s market closure, the...
The prices have shown a positive bias for the third consecutive day, trading around the mid-$70.50 mark during the EU session on Thursday. This uptick comes as the commodity nears a one-week high, driven by optimism over potential improvements in...
