The USD/JPY pair is under growing selling pressure, as the Bank of Japan (BoJ) hints at a potential shift in its ultra-loose monetary policy. Recent statements from BoJ officials suggest that the central bank may soon begin adjusting its negative...
The EUR/USD currency pair is at a crucial turning point, with the resistance level at 1.0310 playing a key role in determining future price movements. As long as the price remains below this level, a bearish outlook dominates, with short positions...
The AUD/USD pair remains firmly entrenched in a downtrend as it continues to struggle below the key 0.6170 resistance level. The Australian dollar is facing headwinds from multiple fronts, including global risk aversion, weaker economic data from...
Currency pair GBPJPY - daily period of the chart. January has passed, and sellers dominated mostly, although buyers also had temporary success. The wave structure here is neutral, there is no clear direction of movement. The MACD indicator is in the...
The USD/CAD pair continues to exhibit signs of potential bullish continuation as long as it maintains its footing above the pivotal 1.4625 support level. This area has acted as a key reference point for traders, serving as both a psychological and...