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The Japanese yen stabilised against the US dollar. The current USDJPY exchange rate stands at 149.27. The JPY quotes increased in response to news about talks on interventions. Last autumn, Japanese authorities intervened in currency trades when the yen dropped to 145.90 per US dollar. This time, the dollar managed to reach 150.11 JPY, but […]

The BTC exchange rate has declined to 27,390 USD by Wednesday. The flagship cryptocurrency struggled to secure above 28,250 USD. A significant resistance level stands at 28,500 USD, while a more ambitious target for a rise remains at 30,000 USD. To reach this level, the BTC needs a new strong impulse. The fundamental background appears […]

The British pound sterling against the US dollar continues to follow a downward trend. The current GBPUSD exchange rate stands at 1.2080. The rapid rise in US treasury bond yields is bolstering the USD, affecting riskier assets and strengthening the USD against major currencies. According to FedWatch, investors are expecting a Fed interest rate hike […]

TitleUSDCAD H4 | Falling to pullback support? TypeBullish Bounce Preference: Price is falling towards the pivot point of 1.3691 which is a pullback support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 1.37834 which is a level that aligns with the 127.2% Fibonacci extension […]

DMG Markets / dmgmarkets.com (Clone of FCA Authorised Firm)

EURUSD, “Euro vs US Dollar” EURUSD has made a declining movement to 1.0447. At the moment, the market is forming a consolidation range around 1.0465. With an escape from the range upwards, a link of correction to 1.0500 is not excluded. With a downward breakout of the range, the potential for a wave to 1.0408 […]