After a period of stagnation on August 10th, the D2T/USD market experienced a breakout on both sides, leading to a sideways trading range. Despite increased price fluctuations, demand and supply have remained relatively balanced, resulting in a horizontal consolidation. Several attempts to break out …
Forex Strategies
GBPJPY Anticipates a Bearish Trend
Market Analysis: GBPJPY Prepares for a Reversal as it Resumes Bearish Trend The GBPJPY market has recently undergone a notable bearish phase, marked by a significant price drop that breached the 191.540 level. While the pair approached the 182.400 mark, which could have suggested further bearish …
Federal Reserve Seeks More Cut Rate Amidst Economy Decline
The Federal Reserve seeks a higher cut rate amidst economic decline. The U.S. Federal Reserve (Fed) wields significant influence over the U.S. dollar through its control of monetary policy. Interest rate decisions by the Fed can have a direct impact on the dollar's value. When the Fed raises …
