GBP/JPY’s technical environment is presently conducive to an upward rebound, as long as the support level at 191.71 remains intact. The RSI being above 50 confirms that buying pressure still exists, and even though the MACD is positive, its...
The AUD/USD pair is hovering just above the 0.6200 level during the Asian session on Friday, clinging near a nearly two-week low. The pair remains under pressure due to renewed tariff threats from US President Trump on Chinese imports, coupled with...
Gold prices retreated to the $2,800 per ounce level as the US Dollar regained strength following the confirmation of new tariffs on Canada, Mexico, and China. Despite the pullback, Gold remains near record highs after closing above the key...
The Federal Reserve’s stance on interest rates may shift from a dovish outlook to a slightly hawkish tone, driven by persistent inflationary pressures, a stronger-than-expected labor market, and heightened financial market optimism. Analysts at...
In the current market, GBP/USD is trading in a manner that strongly suggests further downside potential, driven by a confluence of technical indicators that reinforce a bearish bias. The pivot at 1.2439 is critical in this context, serving as the...
