USD/JPY drops to near 157.30 even though the US Dollar posts a fresh two-year high. Traders pare Fed dovish bets on the back of upbeat US NFP data for December. Deepening risk-aversion sentiment has improved the JPY’s safe-haven appeal The USD/JPY...
From my perspective, analyzing the EUR/USD pair on the H1 timeframe suggests a market currently dominated by bearish sentiment, but signs of potential recovery are starting to emerge. The price has been in a clear downward trajectory, breaking key...
The NZD/JPY pair appears to be in a consolidation phase, with critical technical levels determining its next move. The pivot point at 87.05 is of particular importance, as it acts as a key support level. If the price rebounds from this point, a rise...
Prices of Gold trade on the defensive and reverse four consecutive daily pullbacks in response to extra improvement in the US Dollar as well as investors' reassessement of just one (or none at all) interest rate cut by the Fed for the current year,...
The USD/JPY pair on the H1 timeframe demonstrates a clear structure of price movements influenced by both technical and fundamental factors. The current market level at approximately 157.72 reflects a phase of consolidation following a strong...