Market Analysis - Price Has Been Held at 151.970 as GBPJPY Is Moving up With Difficulty GBPJPY is moving up laboriously since it bounced off the 149.640 weekly support. The market had formed a double top pattern which had plummeted the price down to 149.640 on the 20th of August 2021. Like in …
Price Action Charts in Focus
NZDUSD Rally Gets Trapped Below the 0.71300 Key Level
NZDUSD Analysis - The 0.71300 Key Level Gets the Market’s Rally Trapped NZDUSD rally gets trapped and has been unable to move beyond the 0.71300 key level. The rally which began on the 23rd of August 2021 was a response of the buyers to the sellers' attempt to drive price below the market …
Russian and Chinese Governments Are Increasing the Use of Local Money in Business Transactions to Reduce Reliance on the Us Dollar
Experts stated that the Chinese and Russian governments are speeding up their abandonment of the dollar to increase security and suitablility of China to Russia commerce in the face of possible one-sided US penalizations. This suggests that, as Chinese-Russian trade expands rapidly, majority of the …