Market Fundamentals: The Bank of Japan's (BoJ) quarterly Tankan survey revealed that business confidence among major manufacturers climbed to +14, marking its highest level since March 2022. Additionally, firms anticipate inflation to rise by 2.4%...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price fell a few days ago and broke the falling support level. At this point, the market price bounced back to support at 2.1900 after breaking the resistance and...
The Euro moved less in front of today's European Central Bank division. At the European meeting, EUR/USD is currently traded for 1.0396, which is 0.23% per day. ECB is expected to reduce rates to a minimum of two years The European Central Bank is...
Hello. I mixed up the message, looked at the wrong price bar, and that's why I mistakenly wrote that the day belonged to sellers. Yesterday, everyone was waiting for the Fed's rate decision and Powell's speech, but in the end, there was no...
Crude Oil Technical Analysis Crude oil is currently in a strong downtrend on the M30 timeframe. The price consistently makes lower highs and lower lows, confirming a sell structure. Every time the price tries to move up, it encounters resistance at...