USD/JPY Analysis: Yen May Stabilise Following Prime Minister’s Election

Key Highlights GBP/USD started a fresh increase above the 1.3350 resistance. A connecting bullish trend line is forming with support at 1.3320 on the 4-hour chart. EUR/USD is consolidating gains above the 1.1350 level. Bitcoin could soon aim for a fresh move above the $95,000 resistance. GBP/USD Technical Analysis The British Pound remained stable above […]

Gold climbed to new all-time high on Friday and cracked psychological barrier at $2400, remaining at a high speed and again taking just few days for a trip from one to another round-figure barrier. Growing geopolitical tensions continue to fuel safe haven demand, particularly purchases by the central banks and lift metal’s price, offsetting negative […]

In focus today In the US, NFIB’s small business optimism index is due for release for May. General sentiment has remained weak over the past few months, and also firms’ price plans took a turn lower in the April survey. In the UK, focus turns to the release of the official UK labour market report. […]