Ryu_Axel

Ryu_Axel

USD/JPY is showing clear bullish momentum as the US Dollar strengthens for the second day, supported by rising US Treasury yields. The 10-year yield increased to 4.23% from 4.13%, widening the gap with Japanese bonds and pressuring the Yen further. Markets are cautious ahead of Wednesday's US CPI report, expected to show annual inflation rising to 2.7% in...

Ryu_Axel

GBP/USD continues to hover around the 1.267 level, trading within a familiar range marked by the wedge pattern on the chart. Despite recovering and moving above the EMA 34 and EMA 89 levels, the pair has yet to produce a strong breakout in either direction. Instead, it remains in a tug-of-war between buyers and sellers, resulting in modest and stable price...