The GBP/JPY pair steadies as buyers attempt to break key resistance at 196.00-197.00. GBP/JPY remains in a bullish structure, supported by both the 50-day and…
Potential signal: I’m a buyer of silver on a break above the high of the Thursday candlestick, with a stop loss at the $35.25 level.…
AUD/JPY prints higher highs and lows; bullish engulfing pattern supports upside continuation. Daily close above 94.00 could open path toward 95.63, 97.32, and YTD high…
GBP/USD remains close to recent peaks as the Greenback remains off-kilter. US ADP jobs softened much faster than expected on Wednesday, knocking back investor sentiment.…
20-year bond auction sees poor demand, yield jumps to 5.047%, highest since November 2023. Moody’s downgrade and looming tax bill stoke fears over US fiscal…
AUD/USD trades near 0.6455, up 0.80% on the day amid broad US Dollar weakness. Moody’s downgrade of the US credit rating weighs on the Greenback.…
Mexican Peso holds firm ahead of expected Banxico 50 bps interest rate cut. US economic data and Powell’s remarks reinforce the easing inflation narrative, weighing…
GBP/JPY retreats after hitting 196.39, forming bearish engulfing candle suggesting downside risk. Break below 194.22 could open path toward 193.31 Tenkan-sen and 200-day SMA at…
EUR/USD took a tumble on Monday, closing 1.4% lower a brief test below 1.1000. A (temporary) walkback of US-China tariffs bolstered risk appetite. Key US…
EUR/USD consolidates near 1.1360 within a triangle, close to breakout levels. Eurozone and the United States data diverge as traders await the Fed policy tone.…