The British Pound is on a tear against the Japanese Yen, fueled by a broad decline in the Yen's value. This decline comes despite the Bank of Japan's (BoJ) staunch commitment to ultra-loose monetary policy. The BoJ's attempts to talk up the Yen and...
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The GBP/USD currency pair has begun forming a bottom with the lower red channel line, targeting the weekly resistance level of 1.2686. If the price successfully breaks the resistance at 1.2670 and the D1 candle closes above it, this could be a buy...
Good morning. It seems that buyers actively began to move the price up, but yesterday they were unable to continue increasing their positions. Now they need to break through and consolidate beyond the level of 1.27018, and if they manage to do this,...
The Australian Dollar Gains Value as Increased Consumer Prices Reduce Chances of RBA Rate Cuts: Recently, the Australian Dollar (AUD) has gained strength due to rising consumer prices. This rise, known as inflation, is when the cost of goods and...