TRADING CHART ON USD JPY H4. This chart represents the USD/JPY currency pair on the 4-hour timeframe, accompanied by the RSI (Relative Strength Index) and MFI (Money Flow Index) indicators. From the provided analysis, the price has demonstrated a...
NZD-JPY PAIR ANALYSIS The weakening outlook of the Japanese Yen currency after the Bank of Japan (BoJ) announced its benchmark interest rate was extraordinary. Although basically there was no change and remained in the range of lt;0.25%, the BoJ...
Technical analysis of the GBPUSD pair Trading ended during the previous week with the formation of a price peak lower than the previous peak, and trading started this week below this peak and the price is still trading below it, therefore...
The Bank of England suspends rate cuts due to rising inflation On Thursday, the Bank of England concluded its last meeting of the year, leaving the key rate unchanged. This decision turned out to be expected, given that inflation in the UK has...
EUR/USD Analysis Current Situation The Euro/Dollar (EUR/USD) pair is currently trading at a level of 1.0435. The daily chart illustrates that the pair is floating near the lower boundary of a descending channel. This technical setup indicates...