US inflation accelerates as core PCE hits 2.7%, delaying rate cuts Inflation in the United States has unsettled the markets a bit. Analysts are furrowing their brows, trying to gauge its impact on the economy. Still, let us not fall into full-blown...
EURUSD Analysis: The EURUSD currency pair has shown significant movement across both the 4-hour and daily charts, with key technical indicators highlighting potential overbought conditions. The Relative Strength Index (RSI), a widely used momentum...
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Technical analysis of USDJPY The USDJPY pair is currently trading at 146.33, maintaining a bearish trend as selling pressure persists. The pair has been on a steady decline, reflecting broader market sentiment and fundamental factors influencing...
The EUR/JPY currency pair is currently navigating a critical juncture, exhibiting signs of potential bearish reversal after encountering significant resistance. The 38.2% Fibonacci retracement level, calculated from the recent downtrend spanning...