GBPJPY is clearing its way to reach the highest point again after recent gains. Following are the bullish reasons for this pair. Certainly! Let's delve into recent news and explore **10 bullish reasons** related to the GBP/JPY currency pair: 1. BoJ's Hawkish Decision: The Bank of Japan (BoJ) recently decided to lift its interest rate from -0.1% to 0%. This...
Technical Analysis: The USD/CAD pair has been experiencing a four-day losing streak recently, hovering around 1.3540 during the Asian trading hours on Friday. However, trading volumes are expected to be light due to Good Friday. The US Dollar’s strength may be attributed to the hawkish sentiment surrounding the Federal Reserve’s intention to maintain...
GBPJPY the price may fall near 188,186,183 (D1) after rejection by the Resistance trendline. After reaching a nine-year high of 193.55, the GBP/JPY fell further below 190.00 as buyers were unable to break through and target the 194.00 level. The pair was down 0.61% at 190.69 at the time of writing. Technical prognosis for the price analysis of GBP/JPY The...
USDJPY its time for rejection and bearish is clear Little bit information about the forecasted Asset: After dropping to about 150.27 during Thursday's European session, the USD/JPY pair finds support. Once the US Dollar bounces back from a five-day low, the asset gains ground. After the Federal Reserve (Fed) updated its economic forecasts, the US growth rate...
USOIL (H4) : Bullish and Bullish Focusing on the FOMC's monetary policies, WTI corrects to almost $82.40 due to profit booking. West Texas Wednesday's Asian trading hours saw an inclination in the price of intermediate oil to around $82.40 per barrel as investors booked profits and crude oil prices pulled back from their recent highs. In addition, the market...
Certainly! When it comes to Gold trading , understanding key indicators can significantly enhance your decision-making process. Let's explore some essential indicators: 1. Relative Strength Indicator (RSI): - The RSI helps assess whether gold is overbought or oversold. It measures the strength and speed of price movements. - An RSI above 70 indicates...
EURUSD is clearing to facilite the Bullish trend with superb support After finishing in positive position on Monday, the EUR/USD pair bounces around 1.0850 in the early European session on Tuesday. A better risk appetite may make it more difficult for the US Dollar (USD) to find buyers and support the pair's short-term rebound. The EUR/USD pair gained momentum...
The price of the XAUUSD is showing the Bearish momentum Basic Synopsis Ahead of several important US economic data points over the holiday-shortened week, the US dollar has regained its footing in the middle of the week. Asian traders ignored the weak Australian Consumer Price Index (CPI) report and the robust Chinese Industrial Profits data, following the...
NZDUSD Bullish Technical and Fundamental Analysis As market mood gradually improves, the NZD/USD pair finds buying demand around 0.6200 and further more it is looking to reach 06300 Investors' willingness to take risks is increased by China's positive Retail Sales figures. The US currency depreciates marginally ahead of Fed policy decisions. 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑 ...
EURUSD (D1) : Price can be declined in Resistance Level OANDA:EURUSD Hello all traders and my worthy Followers, OANDA:EURUSD What you say for this analysis that if the EURUSD reached the resistance level and it can be possible for the bearish and strong waving the resistance zone. Comment your ideas and support me if you like my efforts and analysis....
USOIL is now strengthen in the little bit Bullish in the 4-hours Chart now keep following me for more updates and information
XAUUSD (1D) : Gold price reached at the historical high $2195. Gold charge (XAU/USD) extends its upside round $2165, after accomplishing a document excessive at some point of the early European Session on Friday. A weaker US greenback (USD) and a decline in US Treasury bond yields provide some guide to the gold charge. furthermore, the growing expectation for the...
EURUSD is showing Bullish route with maximum Support. Scotiabank: EUR/USD: Break below 1.0840 to consider a test of 1.0775/1.0800 The short-term decline is intensifying. Central Bank President Lagarde said that although policymakers require additional proof that inflation is declining, they can begin reducing rate hikes in June if data results are consistent...
GBPJPY remains bearish if the price remains the Parrel lines channel The price of the GBPJPY remains bearish near 189.389 but if the market break the Channel it will move up and continuously will break the resistances to reach at the top resistance again near 191.040. For more updates and information keep following me and hit your like and support. Comment &...