The Japanese Yen (JPY) is currently trading in negative territory, despite expectations of higher employee pay and potential interest rate hikes from the Bank of Japan (BoJ). The upcoming Shunto pay negotiations in Japan are expected to result in...
Market Fundamentals: Navigating the current economic landscape requires a keen understanding of both fundamental indicators and technical analyses, particularly when assessing the trajectory of gold prices. Recent statements from Federal Reserve...
General Points about USDJPY: The USDJPY market has reached the 150.40 level, which proves that buyers are getting stronger. An upward movement reflects increasing demand for the U.S. dollar against the Japanese yen, driven by market sentiment and...
Market Fundamentals: France’s HCOB Services PMI rebounded to 49.3, surpassing both the previous reading of 48.2 and market expectations. Similarly, Germany’s HCOB Services PMI climbed to 51.6, exceeding forecasts and the prior figure of 51.4,...
Analyzing the Daily Chart for Trading Insights As a trader with limited financial resources, I primarily focus on shorter timeframes for trading decisions. However, I also take the time to analyze the daily chart to gain a better understanding of...
