In my personal opinion, the chart presented reflects a strong bullish momentum with notable fluctuations in volatility. The price action demonstrates a clear uptrend, characterized by higher highs and higher lows, signaling consistent buying...
EUR/USD Market Sentimental and Key Forecasts Today, the EUR/USD market price exhibits bullish momentum, trading at 1.03117. The EUR/USD market price tested the 20 simple moving average (SMA) on the H4 chart near the support level of 1.02600 and is...
USD/CAD Market Sentiment and Analysis The USD/CAD market is bullish, trading near 1.43670. Today’s economic data includes Core Retail Sales (MoM), Retail Sales (MoM), and Initial Jobless Claims in the US, significantly impacting the USD/CAD price...
Hawkish remarks from BoJ officials, along with softer print in the main US consumer price index for December, set a temporary cap on the US dollar's strength against the yen. The leading 10-year US Treasury yield spread to JGB caused a bearish...
EURJPY EUR/JPY outlook: The EUR/JPY pair is currently trading around 161.94, showing steady movement and drawing attention from traders. Today, the mix of central bank policies, technical indicators, and market sentiment is shaping up to be a key...