The EUR/JPY currency pair has recently broken below its support level, which had previously defined its trading range. This breach is significant because it indicates a potential change in market sentiment, suggesting that bearish momentum is...
Chinese households struggling with rampant inflation China’s authorities have to make urgent efforts against rampant inflation. According to Reuters, citing China's National Bureau of Statistics, domestic consumer inflation has soared over the...
USD-JPY PAIR ANALYSIS After experiencing a spike to reach its highest level around 154.50, the price began to experience strong selling pressure and has now moved down to the range of 151.66. This trend change indicates a shift in market sentiment,...
GBP/USD Market Update: Live Price Action, Key Drivers Technical Outlook(February 17,2025) Pound Holding Firm as UK Economy Faces Uncertainty The UK economy has shown resilience, with strong wage growth and a labor market that continues to hold...
The term "MN chart" refers to the Monthly Chart in Forex trading. This chart provides a visual representation of price movements over an entire month, with each candlestick or bar encapsulating the open, close, high, and low prices for that specific...
