GBPJPY Key Levels:RESISTANCE: 153.500, 152.500SUPPORT: 149.500, 148.500GBPJPY Price AnalysisThe GBPJPY shows a very clear bullish trend on the daily chart. Tide may soon change as the trend is seen to fade into a consolidation. Price has been ranging between 148.500 and 153. 500. GBPJPY Price …
NZDUSD Retests Key Zone After a Break in Market Structure
NZDUSD key zones:Demand: 0.69500, 0.71000Supply: 0.74500, 0.72500NZDUSD reached its yearly highest at 0.74600 on the 25th of February after which the price dropped to a support level at 0.71000. Price bounced higher before collapsing with a huge bearish candle to break the market structure into …
Janet Yellen, Secretary of the U.S. Treasury, Quells Fears of Potential Inflation as a Result of President Biden’s Pandemic Stimulus Budget
Over the weekend, Janet Yellen answered questions concerning the tendency for inflation in America due to the pandemic budget plans of President Joe Biden. She says the President’s spending plan will not give rise to inflation as appropriate measures have been put in place. President Joe …