Key Highlights EUR/USD rallied toward 1.1020 before it corrected lower. A major bullish trend line is forming with support near 1.0880 on the 4-hour chart. GBP/USD is consolidating gains above the 1.2650 level. Gold prices surged higher above $2,100 and $2,120. EUR/USD Technical Analysis The Euro started a strong increase above the 1.0820 resistance against […]
Jan 08, 2025
USDJPY – Bulls Eye 160 Target
USDJPY keeps firm tone and holds just under new multi-month high in early Wednesday, with near term focus at the upside, after recent consolidation faced multiple downside rejections. Fundamentals remain favorable for dollar as Bank of Japan is likely to keep rates on hold on the policy meeting later this month, while the US economy […]
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