Fresh data from the Federal Reserve suggests that Japanese policymakers may have utilized US Treasury holdings to fund interventions aimed at shoring up the beleaguered yen. Central banks' reduction in US securities by $10.6 billion, coupled with a slight increase in funds allocated to the Fed's …
Forex Strategies
GBPJPY Sustains Bullish Trend
GBPJPY Analysis - May 10 The GBPJPY pair has been steadily increasing in price, exhibiting a bullish trend and reaching an all-time high in late April 2024. This suggests strength in the GBP as the price continues to show no signs of reversing its upward trend. GBPJPY Significant Zones Resistance …
USDCHF Rebounds Towards Supporting Trendline
USDCHF Analysis: Price Rebounds Towards Supporting Trendline USDCHF has exhibited a notable bullish resurgence, originating from a supportive foundation established at the lower Bollinger Band earlier in 2024. This bullish sentiment was further corroborated by indications of bearish exhaustion …
