Interestingly, the GBP/USD pair appears to be relatively unaffected by the dovish outlook from the Bank of England (BoE) and remains primarily driven by USD price dynamics. Given the current fundamental backdrop, and the absence of market-moving...
Forecast of Gold The Gold's H4 time frame chart demonstrates that there was good volatility during the London and New York trading sessions. As a result, purchasers made every effort to break through the peak resistance level, but their power was...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. Market prices are currently rising and buying momentum is helping them rise. The market price broke the resistance level and the market price is currently forming a double...
General Points about USDJPY This week’s calendar includes the Tokyo Core CPI rate, which could impact the USDJPY market and potentially push it downward. Inflation data from Japan plays a crucial role in shaping market sentiment, as investors...
Technical Analysis of GBP/USD The GBP/USD pair is currently trading at 1.26319, showing moderate volatility within a defined range. The market is consolidating between the immediate resistance level at 1.26730 and the support level at 1.25989. These...
