A significant bullish candlestick pattern has recently emerged within the support zone for EUR/USD, forming above the middle Bollinger Band and signaling a strong potential for upward movement. This technical setup suggests that the pair could...
The Spot price has seen a sharp rebound, trading near the 0.5870 level during European trading hours on Monday after a strong opening. However, the pair’s gains are tempered by persistent weakness in the New Zealand Dollar (NZD) due to expectations...
Silent Point about USDJPY This is quite encouraging for buyers as the USDJPY market is making a comeback. After experiencing a pullback, the market recently reached the 150.03 level, indicating that buyers are successfully recovering their losses....
Renminbi falls prey to Trump’s looming hefty tariffs The Chinese currency is facing a challenge! The yuan will have to contend with the current policies of US President-elect Donald Trump. According to CNBC, China’s authorities are grappling with a...
USD/JPY is closely related to US 5- and 10-year yields, with a correlation close to 0.95. Wednesday's US CPI report appears to be a key event with the potential to shake up Fed expectations Technical signals indicate that USD/JPY is on the verge of...
