GBP-JPY PAIR MOVEMENT The ongoing GBPJPY price rally was able to pass the resistance of 193.21. Most likely the price movement will head towards FR 127.2 - 196.10, then there is potential for a downward correction phase. Because several reversal...
The AUD/USD pair traded within a narrow range below the 0.6900 mark during the first half of the European trading session on Friday, remaining close to the highest levels since February 2023. The US dollar (USD) gained some strength ahead of the US...
PK-HERO TRADING JOURNAL UPDATE SUNDAY, 22 SEPTEMBER, 2024. After the Fed cut its benchmark interest rate by 50 bps which was held at the FOMC meeting. The outlook for the US Dollar currency has weakened, supporting the rally in Gold prices. It can...
GBP/ USD Presently, we analyse the GBP/ USD currency pair's pricing movements. The current GBP/USD chart situation, particularly on smaller hourly time frames, reflects the same pattern I observe. However, larger time frames like the daily and...
Technical Analysis: EUR/USD EUR/USD falls below 1.1150 as softer-than-expected inflation data from France and Spain has prompted ECB rate cut prospects in October. Flash French CPI (EU norm) and Spain's HICP fell below 2% year-on-year in September....