Price Analysis – 149.640 Momentarily Keeps GBPJPY From Sinking Deeper The 149.640 support zone has halted GBPJPY from sinking deeper. The fall of price began on the 28th of May 2021 when the market reached the 156.000 key level. The last time GBPJPY reached this height was in February 2018. Sellers …
Price Action Charts in Focus
NZDUSD Continues Drilling the Key Support to Go Lower
Price Analysis - NZDUSD Continues Bearish Agenda NZDUSD continues to push down on the 0.69400 support to go lower. The market entered into the year 2021 on a bullish trend as shown by the MA period 100 (Moving Average). In particular, from the 2nd of November to the 1st of December 2020, there was …
China Records Over 34 Billion Yuan in the Pilot Trial Project of the Digital Yuan – PBOC
The People’s Bank of China has launched a pilot trial digital yuan project to estimate the impact on China’s financial policies and monetary system. This was reported in the Bank’s whitepaper document that there had been more than ¥34 billion worth of deals. These deals cut across primary retail …
