USD/JPY Pair Overlook The hourly chart for the USD/JPY currency pair depicts a clear picture of market activity over a given period. The price action shows fluctuating movements characterized by alternating bullish and bearish trends, reflecting...
Forecast of EURJPY Since Friday of last week, the price of the EURJPY has been rising on the daily time frame chart as it has tested the firm support level. However, the EURJPY changed the trend direction from bearish to bullish on Monday of this...
Market Fundamentals: Traders are closely monitoring China’s upcoming Loan Prime Rate (LPR) decision, particularly given its significance as a key trading partner for New Zealand. Market participants are anticipating potential stimulus measures aimed...
USD/JPY As of today, January 23, 2025, USD/JPY is consolidating ahead of the Bank of Japan’s (BOJ) policy meeting tomorrow. The pair is hovering around 155.83, showing a short-term bullish trend, but traders are cautious as market sentiment hinges...
GBPUSD currency pair - let’s consider the D1 period chart today. This week we have already developed growth, which, however, has been thrown down while testing the horizontal resistance level of 1.2370. The wave structure here is still building its...
