Crude oil prices experienced a sharp decline on Friday, catching many traders off guard despite several signals pointing toward this outcome. The market has been grappling with an imbalance between increasing oil supply and softer economic data,...
GBP-JPY Pair Forecast The price movement of the GBP-JPY pair is gradually tightening. During Wednesday’s trading session, there were no significant movements; the price fluctuated between 188.67 and 188.74, close to the 200-period Exponential...
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The Japanese yen's recent week of weakness is likely due to 'political appeasement' The current top of the JPY Implied Volatility Index has reached an overloaded state, indicating a potential pause in USD/JPY's recent rally. A break of intermediate...
GBP/JPY Analysis Update - August 10, 2024 Overview In today's analysis, despite the absence of high-impact data last Friday, the market exhibited relatively flat movement. The EUR/USD currency pair remained around the 187.05 mark. The GBP/JPY closed...