The EUR/JPY currency pair continues to exhibit bullish momentum as long as the price remains above the crucial support level at 161.56. The technical indicators confirm the strength of the uptrend, with the Relative Strength Index (RSI) positioned...
Forecast of Crude Oil On the H4 time frame chart, Crude Oil trade activity was within the range zone, but yesterday's final candle showed the price close under heavy bear pressure. Because the bears were so much stronger, the price opened in a...
Investors enjoyed a robust year in 2024, with global markets soaring thanks to a powerful AI-driven tech rally that propelled equity indexes to record highs. This rally was a key contributor to the market's strong performance, alongside the...
The EUR/USD pair is showing signs of a potential reversal, with a key level to watch being the upper boundary of the pattern. If the pair breaks above this upper level, it will signal the end of the current downward correction and open the door for...
Bank of Japan (BoJ) Governor Kazuo Ueda recently highlighted that the central bank will closely monitor income data when making future policy decisions. This caution surrounding potential rate hikes is likely to weigh on the Japanese Yen (JPY)...
