Technical analysis of XAUUSD Gold (XAU/USD) is currently trading at 3291, showing signs of a potential resumption of the downtrend after a recent pullback. The price action suggests a bearish bias, with key support and resistance levels providing...
USD/JPY USD/JPY Reverses More Intense Tokyo CPI-Led Sell-Off, Eyes 144.00 Once Again USD/JPY is rising near 144.00 in Friday Asian trading, reversing a sharper-than-expected Tokyo CPI-led sell-off. Strong inflation data confirmed the BoJ's rate...
Technical analysis of EURJPY The EURJPY pair is currently trading at 162.97, exhibiting a cautiously bullish tone as it navigates between key technical levels. The immediate market structure reveals a support level at 162.18, which has recently...
The ECB cut its main interest rate by 25 basis points to 2.25%, marking a notable shift aimed at supporting growth amid economic headwinds. ECB President Christine Lagarde emphasized during her post-meeting remarks that the sharp increase in US...
The upside potential for the pair faces notable headwinds following US President Donald Trump’s recent memorandum directing the Committee on Foreign Investment in the United States (CFIUS) to tighten restrictions on Chinese investments in strategic...