NZD/JPY on the H1 timeframe is showing a recovery after a recent downtrend, currently trading around 87.16. The price found strong support at 86.50, where it rebounded upwards, signaling a possible shift in momentum. Bollinger Bands indicate some...
The USD/JPY pair has surged sharply above the 155.00 level during Tuesday’s North American trading session, driven by a combination of risk-on market sentiment and a weakening demand for the Japanese Yen (JPY) as a safe-haven asset. The US Dollar...
Market Fundamentals: The Canadian Dollar (CAD) remains under pressure amid growing bets for a larger rate cut, exacerbated by a rising domestic unemployment rate. However, a recovery in crude oil prices could help mitigate some of the CAD's losses,...
Market Fundamentals: Recent data from the U.S. Census Bureau revealed a notable 5.9% increase in New Home Sales, reaching a seasonally adjusted annual rate of 664,000 units. Additionally, last month’s sales figures were revised upward to 627,000...
USD JPY USD/JPY – A Golden Trading Opportunity at 154.38 In the fast-paced and ever-changing world of forex trading, choosing the right currency pair is essential for success. USD/JPY, currently trading at 154.38, presents a prime opportunity for...
