Have a great day everyone! I am observing the following situation on the EURUSD currency pair: the linear regression channel on the M15 chart has an upward slope, indicating that buyers are strong in the market. Buyers' activity shows an excellent...
USD/JPY USD/JPY Rises to Over 149.00 After Soft US CPI Data USD/JPY rises to near 149.00 as the US Dollar rises following weak US inflation statistics for February. Cooling US inflation is expected to increase Fed dovish bets. Despite the fact that...
Political uncertainty in Japan is seen as a limiting factor for the BoJ’s ability to raise key borrowing rates further, causing market participants to dial back expectations for aggressive tightening. This week, investors are focusing on the...
USD/JPY The USD/JPY pair has been showing strength recently, fueled by a bullish USD and Japan’s ongoing dovish stance on monetary policy. Technical Analysis: I’ve noticed that the pair has broken above the key 135.00 resistance level, which could...
XAU/USD: Analysis and Forecast Gold continues its sideways movement, remaining in a consolidation phase as traders await U.S. consumer inflation data, set to be released later today during the North American session. This report could have a...
