Key Highlights USD/JPY is consolidating gains above the 149.40 support. A key rising channel is forming with support near 149.20 on the 4-hour chart. Gold prices are showing bullish signs and might rise further toward $2,000. Israeli PM Benjamin Netanyahu stated on the ongoing conflict “It’ll be a long war”. USD/JPY Technical Analysis The US […]
The post USD/JPY Targets Fresh High, Gold Price Could Revisit $2K appeared first on Action Forex.
Eurozone producer price inflation accelerated sharply in March, with PPI rising 3.4% mom and 2.1% yoy, exceeding expectations of 3.3% mom and 1.8% yoy. The increase was driven overwhelmingly by energy costs, highlighting the growing Read more…
EUR/USD rose to 1.1717 on Wednesday, snapping a three-day losing streak. Pressure on the US dollar stems from growing expectations that the US will reach a negotiated settlement with Iran, reducing demand for the USD Read more…
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