In the most recent trading week, the Japanese Cabinet unveiled the latest GDP figures, which unfortunately painted a bleak picture. The report indicated a 0.5% month-on-month contraction in GDP growth, aligning closely with market anticipations....
The Japanese yen has been on a downward spiral for the past three days. This decline coincides with a strengthening US dollar, likely due to investor caution ahead of the Federal Reserve's interest rate decision and key US inflation data coming out...
GBPUSD Good morning everyone, today's center of discussion will be the price action analysis for GBPUSD currency pair. The currency pair has been trading within a bullish channel, with higher high and lower lows. On Friday the currency pair declined...
Trading Opportunities in EUR/USD Let's discuss the recent behaviour of the EUR/USD currency pair and analyse its implications. Yesterday, the EUR/USD pair came very close to closing the gap but fell short. Today, we anticipate another attempt to...
THE CURRENCY PAIR USD-CAD A small false breakout of 1.3780 can be made, and after it, the fall may continue. The dollar index rate will continue to decline in the near future, so it is best to continue selling the USD/CAD pair. From the range of...