The focus of market participants is set to shift toward the critical Bank of Japan (BoJ) policy decision during the upcoming Asian session, which could provide fresh directional impetus for the USD/JPY pair. Expectations are mounting that the BoJ...
Gold Technical Analysis If you monitor the price development based on the H4 period on the right, it appears to be a strong buy candle, that is, the closing price above the Middle Bollinger Bands line, indicating that the buyer strength can reach...
Financial markets are widely expecting the US Federal Reserve to lower its benchmark interest rate by another quarter percentage point from the current target range of 4.5%-4.75%. This follows a series of rate cuts totaling 75 basis points in...
USD/JPY shows signs of force as consolidated The US dollar initially retreated against the Japanese Jenu during the Friday trade session, which was influenced by the recent Bank of Japan decision to raise interest rates. However, it seems that the...
Crude Oil Technical Analysis On Tuesday, the Oil trading instrument nicely tested the round resistance level of 75 and we see the decline continuing this week, even though it has ended. Clearly we have experienced quite a significant downward trend...