Traders are currently facing a delicate balancing act, with both fundamental and technical factors influencing the pair's direction. On the fundamental side, much attention is focused on economic developments and remarks from Bank Governor Andrew...
The GBP/JPY currency pair experienced a slight decline during the Asian session on Tuesday, trading around the 195.40 level. However, the downward potential for the pair is limited due to several factors. Firstly, the Japanese Yen (JPY) is expected...
Trading journal Tuesday, December 17, 2024 USDJPY Assalamu'alaikum and good morning. Let us pray that all activities today run smoothly, hopefully all forum members can become successful traders. We continue the forex market discussion to improve...
Date: 17th December 2024. GBPUSD: Strong UK Data Fuels Expectations of BoE Hawkishness! The significant economic release for the next 24-hours will be the US Retail Sales this afternoon. Analysts expect Retail Sales for the US to rise 0.6% MoM and...
Gold Analysis: A Bullish Outlook Amid USD Index Instability Good Evening Traders, and Welcome to Today's Live Trading Session Yesterday, the USD index closed with a strong bearish trend, sliding from the 107.15 level down to the 106.70 zone. This...
