USD/JPY The USD/JPY pair is moving within a narrow range today as I monitor key data releases and signals from central banks for further direction. Fundamental Analysis On the US side, the Dollar remains strong, thanks to solid economic data....
Bitcoin Faces Resistance at $100,000ause in Momentum Bitcoin saw a slight drop in early trading on Monday, encountering significant resistance near the $100,000 level, which proved to be a formidable barrier. Should the market break below $95,000, a...
EUR/USD Weekly Preview: CPI, PPI, ECB In two weeks, the currency market will de facto go on a Christmas/New Year vacation, which will not end until early January. But before leaving, traders will "slam the door loudly," reacting to the key events of...
The pair currently exhibits a mixed outlook, influenced by uncertainties surrounding China’s economic health and potential shifts in US monetary policy. Market sentiment remains cautious as traders weigh China’s subdued stimulus measures against the...
If we look at it on a shorter time frame, say 4 hours, yesterday the price fell and it seemed possible that the next day it would become even more bearish. The candlestick now stops below the 151.50 price area. As a reference that we will use to...