The AUD/USD pair started the week with a strong bullish tone, approaching the critical 0.6400 resistance level, largely driven by renewed US Dollar weakness and optimism surrounding potential stimulus measures from China. The ongoing depreciation of...
Good morning. The Euro has been in a small sideways trend since last week, and we are still in it. In general, the exit from it will most likely be upwards, but the question remains whether there will be another wave of correction or not. For its...
The People's Bank of China (PBoC) has signaled the need for further monetary policy adjustments, aiming to reduce corporate financing and household credit costs. The central bank also emphasized that expansionary interest rate policies will play a...
The USD/JPY pair extends its gains towards the 149.00 level in Monday’s North American session as the Japanese Yen (JPY) continues to weaken against a strengthening US Dollar (USD). Market sentiment remains upbeat, buoyed by optimism over potential...
EUR/JPY Analysis: H1 Timeframe Chart The H1 timeframe chart for EUR/JPY displays price movements that incorporate technical indicators such as Bollinger Bands and the Stochastic Oscillator. These indicators provide valuable insights into market...