The GBP/USD rally hit a snag on Monday, retreating from the brink of the psychologically significant 1.3000 level. This pause comes as foreign exchange markets take a breather from dollar selling and reassess recent moves. A key factor in this...
GOLD FORECAST It seems that the price movement of the Gold Pair on Monday tended to experience a very significant increase, the daily range formed reached 390 pips, which of course is quite large for the size of the early Sunday market. However,...
on unfolding developments. ### Analysis of USD/JPY Exchange Rate and Market Trends The USD/JPY exchange rate is currently at 160.86, reflecting a notable bearish trend where the US dollar (USD) is weakening against the Japanese yen (JPY). This...
The EUR/USD currency pair sputtered this week, failing to capitalize on its recent gains. After a brief surge above 1.0900 to kick off the week, the Euro retreated sharply, settling back near the top of a downtrend channel. This hesitation stems...
The upward momentum in West Texas Intermediate (WTI) crude oil prices stalled this week, with prices testing the lower end of the $81.00 per barrel range. The initial attempt to break out of a recent consolidation period proved unsuccessful, raising...