Daily Pivots: (S1) 184.82; (P) 185.08; (R1) 185.53; More… Intraday bias in GBP/JPY remains neutral as it’s still bounded in range below 185.94. In case of another dip, downside should be contained above 182.71 support to bring another rally. Break of 185.94 will resume the rally from 178.02 to retest 186.75 high next. In the […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.
As seen on the XAG/USD chart, the price of silver fell to the $70 level and briefly pierced it, marking the lowest level since early February. Although geopolitical tensions typically support demand for safe-haven assets, Read more…
Market Overview The crypto market cap has fallen to $2.42 trillion, under pressure from sellers alongside risk assets, as the Fed pushes the next rate cut further into the future, boosting the dollar’s appeal. The Read more…
Gold prices stabilised around 4,830 USD per ounce on Thursday following a sixth consecutive decline, marking the longest losing streak since late 2024. The market remains under pressure from the Federal Reserve’s hawkish stance, which Read more…