The persistent rise in inflation supports the case for the Bank of Japan (BoJ) to consider tightening its ultra-loose monetary policy, a move that could impact the Japanese Yen's performance against major currencies. On the US side, the Federal...
The EUR/USD H4 chart shows a clear downtrend over an extended period, marked by lower highs and lower lows. The red moving average, likely a 50-period SMA, acts as dynamic resistance, with price consistently rejecting it as it trends downward. The...
The GOLD H1 chart exhibits a strong uptrend, with the price currently positioned at 2860.33. The consistent upward movement since early January suggests strong bullish momentum, with the price making higher highs and higher lows. Bollinger Bands...
General Points about GBPCHF: The GBPCHF market has reached the 1.1243 level so far and has the potential to move further up. No scheduled news events for CHF in this week's economic calendar mean no major factors could strengthen the Swiss franc....
Silent Points about GBPNZD So far, the GBPNZD market has broken the 2.1935 level and may move further down, indicating a possible continuation of the bearish trend. New Zealand's dollar has not gained significant strength from recent news events,...
