The USD/JPY pair shows potential for a significant move, with an expected rise of 89 to 132 pips, contingent upon the critical pivot level at 155.24. This area acts as a foundation for market stability, where a temporary decline toward the pivot is...
The Bank of Canada’s (BoC) recent rate cut has left the Canadian Dollar (CAD) struggling, pushing the Loonie to its lowest levels in 56 months. This decline brings CAD dangerously close to prices last seen in March 2020. The currency fell another...
The New Zealand Dollar (NZD) faces mounting pressure as markets anticipate the Reserve Bank of New Zealand (RBNZ) will lower interest rates by 50 basis points (bps) at its upcoming monetary policy meeting. This would mark the third consecutive rate...
Technical analysis of AUDUSD Today we will perform technical analysis on AUD/USD. AUD/USD is a major pair of the forex markets. The market is currently between our support and resistance levels. AUD/USD maintains a bearish trend and is currently...
USD/JPY Analysis: Recent Movements and Market Influences Current Market Overview The USD/JPY currency pair has recently experienced a decline, falling close to 157.30, despite the US Dollar hitting a new two-year high. This unusual movement is...
