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GBP/JPY reverses the previous day's drop from a one-week high. A persistent rebound off the 21-SMA and bullish MACD indications favour buyers. Upward movements are opposed by a downward trend line that is five weeks old and 200-SMA. In the…

In this article, we have covered the highlights of global market news about the GBP/USD, AUD/USD, USD/JPY and NZD/USD. GBP/USD Price Analysis: During a three-day decline, sellers hit the 1.2100 support. The key support level of 1.2100 is the focus of the GBP/USD bears'…

In this article, we have covered the highlights of global market news about the USD/JPY, NZD/USD, EUR/USD and USD/CAD. USD/JPY falls from three-day high; downside seems limited despite some US Dollar gain The USD/JPY pair cannot take advantage of its slight intraday gains…

DISCUSSION POINTS ON FOREX ANALYSIS METHODS: To forecast market moves and examine patterns, traders often utilize one of three broad forms of forex analysis. To suit their personalities and trading styles, traders often use one or a mix of FX…

Gold's price drops from a five-month high as the US Dollar somewhat recovers intraday. US Treasury bond rates are increasing, putting pressure on the XAU/USD and reviving USD demand. Risks associated with the price of gold should be limited by…