Analysis of Recent USDJPY Movements: Key Trends and Resistance Breakout The US dollar-to-Japanese yen exchange rate (USDJPY) has exhibited interesting behavior in its weekly time frame chart. The price had been following a bullish trend for an...
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NZD/USD Market outlook Greetings and Good Morning guys! We can see that the RBNZ Governor's speech and New Zealand's Unemployment rates couldn’t help the buyers of NZD/USD in the last week. Despite the expectations that these events would provide...
The British Pound (GBP) experienced a dip to two-week lows following a speech by Bank of England (BoE) Governor Andrew Bailey. Bailey’s comments, signaling a potential shift toward more aggressive interest rate cuts in response to subdued inflation,...
USD / JPY: An hourly time frame Recommendation A bullish scenario emerged in the USDJPY market last week, suggesting that bulls could keep up their pressure on bears, or sellers, in the upcoming days. This momentum points toward a potential...