USDJPY USDJPY outlook: The USD/JPY pair remains heavily influenced by the contrasting monetary policies of the U.S. Federal Reserve and the Bank of Japan (BoJ). While the Fed continues to maintain a relatively hawkish stance on interest rates, the...
AUDUSD AUDUSD outlook: The AUD/USD pair continues to struggle, with the Australian Dollar facing pressure due to domestic economic challenges and a strengthening US Dollar. The USD remains resilient, bolstered by the strength of the US economy and...
Trading journal Tuesday, February 4, 2025 USDCAD Good afternoon forum friends, I would like to thank those who have provided comments and enlivened this simple daily trading journal. Today I will share an analysis to get the direction of entry...
During Tuesday's Asian session, the USD/CAD pair draws some dip-buying around the 1.4385 zone. It stopped the steep decline in the previous day's retracement from its highest level since April 2003. Several reasons drive the upward movement,...
EUR/USD After yesterday's movements, the picture for EURUSD really remains not entirely clear, but since on m30 sellers are holding quotes for this instrument within the downward impulse, they retain a slight advantage. The main resistance for the...