Concerns over potential trade wars triggered by US President-elect Donald Trump's proposed tariffs have led to increased demand for safe-haven assets like the Japanese Yen. This shift in investor sentiment was further exacerbated by the nomination...
General Points about USDJPY: Yesterday, the USDJPY market reached the 148.62 level. It had been moving within this range for the past two days as buyers and sellers were equally strong. Now, it seems that selling pressure in the USDJPY market may...
The NZDUSD pair in the daily timeframe, which was transacted on Wednesday yesterday, was maintained by the buyer, who was able to keep the price above the buyer support area at a price of 0.5693-0.5694. This made the seller or seller unable to push...
Federal Reserve Board of Governors member Michelle Bowman joined a growing group of Fed officials addressing market concerns over a more aggressive pace of rate cuts expected in 2025. This shift in monetary policy has surprised many market...
I observe that the AUDUSD pair is currently at a critical juncture, with conflicting signals emerging from both price action and technical indicators. I note that the recent price movement has been characterized by indecision, as evidenced by the...
