General points about USDCAD: Today, the Canadian Core Retail Sales data will be released, which may have a significant impact on the USD/CAD market. Currently, the USD/CAD market is trading around the 1.4323 level, showing some stability ahead of...
Hello, Persistent demand for the US Dollar has led to the GBP/USD pair reaching multi-day lows beneath the 1.2900 threshold, as market participants continue to assess the recent interest rate decisions from both the Federal Reserve and the Bank of...
USD/JPY Market Update: Key Drivers Moving the Pair on March 21, 2025 Economic Factors Influencing USD/JPY The Federal Reserve has kept interest rates at 4.25%-4.50%, with expectations of two rate cuts by the end of the year. Fed Chair Jerome Powell...
Based on the daily timeframe market conditions, the GBP/JPY currency pair has struggled to maintain its position above the resistance level defined by the 100-period moving average (MA 100). This inability to hold above the MA 100 has led to a...
Good day to everyone! Today, we’ll delve into the price analysis of the USD/JPY currency pair, focusing on the 15-minute (M15) chart. After examining the recent price trends, it is evident that the linear regression channel is displaying a positive...
