The Japanese yen has strengthened considerably, buoyed by robust Japanese GDP growth data, which has fueled expectations of continued interest rate hikes by the Bank of Japan. This anticipation of higher interest rates in Japan, coupled with the...
The GBPUSD H1 chart exhibits a strong bullish trend, with the price forming higher highs and higher lows, a classic indication of upward momentum. The Bollinger Bands show increased volatility, with the price currently near the upper band,...
The Australian Dollar (AUD) continues its upward momentum against the US Dollar (USD) for the third straight day on Monday, supported by US President Donald Trump's decision to delay the implementation of reciprocal tariffs. The AUD/USD pair also...
Comprehensive Analysis of USD/JPY Trading The current trading scenario for the USD/JPY currency pair indicates a bearish outlook. Recently, the USD/JPY has fallen below the support level of 152.30, continuing its downward movement towards the next...
USD/CAD: What’s Driving the Market Today(February 17,2025)? Major Factors Steering the Pair One of the biggest drivers of movement today is speculation around interest rates. The Bank of Canada recently lowered rates to 3.25%, but it’s staying...