GBPJPY Wave Analysis – ActionForex

GBPJPY: ⬆️ Buy GBPJPY broke resistance level 215.00 Likely to rise to resistance level 216.50 GBPJPY currency pair recently broke the resistance area between the resistance level 215.00 (which stopped…

Trump says Iran has agreed to not have a nuclear weapon

Trump says Iran has agreed to not have a nuclear weapon Source link

Gold: Attempt to Break Out of the Short-Term Trend

Fundamental backdrop In April, US inflation stood at 3.8% year-on-year — the highest level since May 2023. A significant contribution came from rising fuel prices amid escalating tensions in the…

Oil climbs amid fresh Middle East hostilities, stalled peace talks

Oil climbs amid fresh Middle East hostilities, stalled peace talks Source link

EUR/USD on Edge as Markets Await Key Employment Data

EUR/USD remained under pressure on Wednesday, holding at 1.1629. The US dollar continues to draw support from difficulties in negotiations between the US and Iran, as well as a renewed…

South African Rand: Gains versus Dollar needs 16.12 break – Societe Generale

Societe Generale notes the USD/ZAR downtrend has paused after an interim low near 15.63 in January, with the pair struggling to reclaim its 200-day moving average. A recent pivot high…

Japanese Yen bounces up from lows after Japan PM Takaichi’s intervention warning

The Japanese Yen (JPY) bounced up from five-week lows against the US Dollar (USD) on Wednesday, turning positive on the daily chart, as Japan’s Prime Minister Sanae Takaichi warned that…

Kuwaiti reports that it is currently responding to “hostile missile and drone threats”

Hostilities continue in the Gulf.Incoming:reports of air raid sirens going off across KuwaitKuwaiti air defenses are currently confronting hostile missile and drone attacksmissiles reportedly aimed at Ali Al Salem Air…

Chaos descending on Middle East – air attacks on Saudi Arabia, Dubai now being reported

Kuwait, Bahrain, Iraq all attacked, now Saudi Arabia and Dubai.This is a dramatic escalation that takes the conflict well beyond the Hormuz shipping lane and into the heart of Gulf…

Forex Today: US Dollar stays resilient ahead of key US data

Here is what you need to know on Wednesday, June 3:The US Dollar (USD) holds its ground midweek as markets react to a new escalation of tensions in the Middle…