Market Analysis: US Dollar/Japanese Yen Pair Recent Price Movements The US dollar/Japanese yen pair has recently broken above a significant resistance level at 150.72, reaching an intermediate level of 151.30. However, sellers quickly regained...
The US Dollar (USD) continues to strengthen, buoyed by cautious remarks from Federal Reserve Chair Jerome Powell and robust economic data from the US. Powell's recent comments have raised expectations that the Fed may not need to cut interest rates...
The euro exceeded a little lower in the early negotiation on Wednesday, which caused speculation about whether the market is forming a double potential pattern. While it is too early to base commercial decisions only on this technical formation, it...
EUR/USD Technical Analysis: EUR/USD has been stuck in a narrow range today, with 1.0900 acting as solid resistance and 1.0800 holding up as support. I noticed that the pair tried to push higher but couldn’t break above 1.0880, indicating some...
GBP/USD GBP/USD Maintains the Upside Impulse, Targets 1.3000 The overall confidence in the risk-linked universe, collectively with the Greenback's steady price action, supports the advance higher in GBP/USD, which re-focuses its attention on the...
