The Japanese yen has come under pressure amid growing speculation that the incoming Trump administration will fuel inflationary pressures, prompting the Federal Reserve to maintain higher interest rates for longer. The Fed’s revised outlook suggests...
The NZD/JPY pair is at a critical juncture, with the potential to rise by 49-72 pips if the pivotal support at 88.69 remains intact. This level represents a key psychological and technical barrier, where buyers have historically demonstrated...
The upcoming week, spanning January 27 to February 2, 2025, is poised to be eventful for forex traders, with several significant economic events and data releases that could influence currency markets. Here's a detailed overview: 1. Central Bank...
XAU/USD Market Outlook Greetings and Good Morning guys! The market of XAU/USD again bounced up and crossed the 2776 zone yesterday. Because the US dollar is weak these days. So, we have to trade carefully in these days. Overall, we noticed a...
USDCHF currency pair - let’s consider the D1 period chart. On this chart, the wave structure is still building its order upwards. The MACD indicator is in the upper purchase zone, but is already falling below its signal line. Sellers dominated the...