USD/ CAD Price Breakout Signals Our conversation focuses on the current state of the USD/ CAD currency pair's price behavior scrutiny. The trading pair aligns well with our expectations, moving decisively towards a sell trend. Simultaneously, the...
USD/JPY USD/JPY is showing some interesting price action today, with both technical and fundamental factors driving the market. Technical Analysis: Yesterday, the pair faced some selling pressure, breaking below 154.96 and nearly touching 153.75...
Market Fundamentals: The New Zealand Dollar (NZD) continues to struggle as the Reserve Bank of New Zealand (RBNZ) aggressively slashed its Official Cash Rate (OCR) by 125 basis points (bps) to 4.25% over three consecutive policy meetings. This...
USD/JPY Key Price Levels Our conversation concerns the current state of the USD/JPY currency pair's price behavior review. The USD/JPY pair has just entered the selling zone between the 200-period EMA at 155.50 and the 50-period EMA at 155.20. The...
Market Fundamentals: The Bank of Montreal (BMO) analysts anticipate that the Bank of England (BoE) will maintain its interest rate at 5% in the upcoming meeting, citing various economic factors. Meanwhile, the euro (EUR) continues to underperform...