The Euro is under pressure as market expectations grow for aggressive interest rate cuts by the European Central Bank (ECB) to support the struggling Eurozone economy. The ECB is widely anticipated to reduce the deposit facility rate by 25 basis...
General Points about USDJPY: The USD/JPY market is currently moving with a bullish trend, showing strong potential for continued upward movement. This trend could lead to a possible break above the 159.77 level in the coming days, which would signal...
GBP/USD Price Update GBPUSD is still in a bearish trend until the end of this week. There was resistance from buyers in the support area, by successfully creating a rejection candle but the next movement did not get a response from buyers, so there...
USD/JPY Price Movement Update The penetration of H-1 support at 157.15 made the decline of USDJPY even deeper because at that time the candle immediately moved to a price of 155.05. However, after that, the movement of USDJPY rose again because the...
Gold prices surged on Thursday, driven by growing market expectations of an imminent policy easing cycle from the Federal Reserve. According to the CME Group's FedWatch Tool, traders are increasingly betting on interest rate cuts at the Fed’s...
