I observe that USD/JPY is currently trading below its moving averages, reinforcing the presence of a downward trend that remains unbroken. I note a small divergence on the oscillator, which signals a potential continuation of the bearish momentum,...
The Bank of Japan’s monetary policy has long been characterized by relatively loose monetary policy, including negative interest rates and an aggressive bond-buying program to boost inflation and economic growth. But market participants are closely...
CRUDE OIL (#CL) ANALYSIS H1 Timeframe Crude Oil (#CL) is currently trading at $68.70, moving within a range between key support and resistance levels. The Zigzag Indicator, which filters out minor price fluctuations to highlight significant trends,...
GBP/USD As of today, GBP/USD is trading cautiously ahead of the UK's spring statement. With the government expected to announce £15 billion in spending cuts, investor sentiment has turned wary. We’ve already seen the pound face its sharpest...
GBPUSD Daily Forecast The GBP/USD pair is advancing for the third consecutive day, supported by the 20-day simple moving average (SMA). The recent recovery was boosted by better-than-expected preliminary UK services PMI data on Monday. Positive...
