The US dollar exceeded the 143 yen mark against the Japanese Yen, pointing out a brief moment of bullish force, but quickly returned to a large part of those profits. This volatile behavior highlights market hesitation and the importance of current...
One of the biggest reasons to follow an economic calendar is volatility. Some economic releases move the markets dramatically. For instance, when the U.S. releases its NFP data, the USD pairs can swing sharply within minutes. By knowing when such...
Market Fundamentals: Bank of Japan (BoJ) Deputy Governor Shinichi Uchida recently signaled a likely shift toward a more hawkish monetary policy, aligning future interest rate hikes with prevailing market and economist expectations. This announcement...
Technical analysis of EURGBP Today we will be doing a technical analysis of EUR/GBP. What is the quality of market support and resistance levels? The market has also broken the support level which is now set as resistance and will be the next...
The USD/CHF currency pair is currently displaying interesting technical behavior, especially around the price level of 0.8520, which is considered a strong and significant supply zone. This area not only showed previous price rejection, but it also...