FX:GBPJPY has had multiple weeks of bullish movement up to the 148.000 resistance level but failed to close above it. This bullish movement was attributed to the government's effort to speed up the distribution of Covid-19 vaccine across the country and Boris Johnson's indication of a cautious easing of lockdowns. The Yen also continues to weaken as optimism and...
We can see that OANDA:AUDUSD tried to rally earlier this week but failed to break past the 0.78 resistance level . This is expected as OANDA:XAUUSD continues to fall and TVC:DXY rises. This pair should continue to retrace further as OANDA:XAUUSD continues to show weakness and TVC:DXY strengthens.
The pair looks poised for a bullish movement up as the Biden...
We can see that OANDA:AUDUSD tried to rally earlier this week but failed to break past the 0.78 resistance level. This is expected as OANDA:XAUUSD continues to fall and TVC:DXY rises. However, both have reached their respective support and resistance levels.
The pair looks poised for a bullish movement up as the Biden administration continues work to push...
