USDJPY Weekly Forecast The USDJPY weekly chart is slowly breaking out of the uptrend line. Prices are in a long-term uptrend, but recent developments suggest that a trend change could be imminent. A strong bearish candle ended below the trend line,...
Market Fundamentalsata released by the Bank of Japan reveals that the Services Producer Price Index (PPI) increased by 2.9% year-on-year (YoY), up from 2.6% in the previous month. This rise follows last week’s stronger consumer inflation data from...
Stock market 28 February: SP 500 and NASDAQ discarded Futures on the American stock indices were threwing themselves and continued their second consecutive bear week. During today's Asian Business session, Futures SP lost 0.3%, while the technically...
AUDUSD Daily Forecast On the AUD/USD chart, we can see that the ascending channel has broken downwards. The price is making higher highs and higher lows before breaking the support level. This gap indicates a change in trend. The price is currently...
Market Fundamentals: The Reserve Bank of Australia (RBA) will monitor economic data, including employment figures, to guide its future policy decisions. Recently released data revealed a stronger-than-expected increase in jobs, which added pressure...
