GBP/USD gets offers; to gather its first weekly losses in three weeks near 1.2500. This happened as the pair rebounds- off the 21-days moving average. All this happened in Europe during the early hours this morning. However, the S&P 500 features recovered about 0.5%. This displayed that traders were being; careful with their expectations and […]
It was another poor weekly session for the Japanese yen as the JPY slumped against other top currencies following a rally in benchmark Treasury yields in the US and Europe. With the Bank of Japan (BoJ)’s 0.25% cap on 10-year JGB yield, the widening gaps come as no surprise. The British pound (GBP) was the […]
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GBPJPY Analysis – June 3 GBPJPY price breaks away from the 161.880 resistance level as bulls regain strength. Buyers have stepped up their activity to boost price momentum and push the level higher above the level of significant resistance. Therefore, as long as more positions are placed for a bullish breakout, the bulls will continue […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Analysis – June 2 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade is overbought and aims for the 131.450 key level. While trading is taking […]
The USD/TRY walks on water near 16.48, after renewing the annual high of $16.49 during the early hours of today. As a result, the TRY shows indecisiveness in the market with key data still ahead. These key data are the US Nonfarm payroll and the Turkish inflation data. The USD/TRY recent inaction can be related […]
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