GBP/JPY continues to trade at a decisive technical level, with 192.46 serving as a crucial support zone that could dictate the pair’s next major movement. A rebound scenario is the preferred outlook, provided that the pair maintains this level, as...
The AUD/USD currency pair remains in a state of indecision, fluctuating around the pivotal level of 0.6202. Although there is an expectation of a potential rebound with gains of 41 to 57 pips, the broader market structure suggests that price action...
The main events by the morning: January 29 The European Union plans to abandon Russian aluminum within a year. The EU intends to introduce a phased ban on imports of Russian aluminum as part of the 16th package of sanctions. Also, in accordance with...
Gold price trimmed intraday losses and recovered above the $2,750 mark after the Fed decided to keep the benchmark interest rate unchanged. Confident Chair Powell's words put near-term pressure on the US Dollar. From a technical point of view, the...
The price remains under strain, struggling to attract significant buyers as it hovers near a three-week low against the US Dollar (USD) ahead of the European session. Market expectations that the Bank of Japan (BoJ) will maintain its short-term...
