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 …
Forex Strategies
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 …
Dash 2 Trade (D2T/USD) Consolidates Near Support, Poised for Potential Breakout
Since the Dash 2 Trade market broke out of its tight range on August 10, volatility has increased slightly. Despite this, demand and supply have remained balanced, with the price continuing to range despite the spike in volatility. A recent dip to $0.0025 was quickly recovered, indicating underlying …
