In the past two days, the EURJPY pair has only moved within a range of 145 pips on the H4 timeframe, suggesting a relatively stagnant market. As the trading day comes to a close, we anticipate significant surprises from economic data releases and...
TRADING CHART ON GBP USD H1. The GBP/USD pair has shown a predominantly bearish trend on the H1 chart, as evidenced by the price's consistent trading below the 200-period moving average. This moving average acts as a dynamic resistance, reinforcing...
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The upward momentum has resumed, reaching near 164.20 during the early Asian session on Thursday. The ongoing uncertainty has provided a tailwind for the move. However, escalating tensions surrounding the Russia-Ukraine war remain a significant...
Will the Bank of Japan Intervene? Recent media reports have raised concerns about potential intervention by the Bank of Japan due to a significant weakening of the national currency, which has declined by approximately 13% since October. Many banks...
