GBP/JPY H-4 Timeframe Analysis: Currently, the GBPJPY market has an overweight of buyers according to the order book. I believe this currency pair has downside potential. This is confirmed by the accumulation of buyers at the level of 199.80. My...
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The AUD/USD (Australian Dollar/US Dollar) currency pair is currently a focal point of market attention. Today, significant news is anticipated that will likely have a positive impact on the US Dollar. This expected strengthening of the US Dollar is...
The yellow metal prices weakened to around $2,350 during the early Asian session on Friday. Despite the softer US inflation data in April, which provided some support to the yellow metal, other factors kept the market volatile. The US Dollar Index...
The value of the GBP/USD currency pair has been closely monitored. Today, it dipped below the local support level of 1.2798, but the bulls are now trying to push it back up. The bears may face challenges as the trading day comes to an end, but they...