The Bank of Canada (BoC) is widely anticipated to lower its benchmark interest rate by 50 basis points (bps) from its current 3.75%, marking a fifth consecutive rate cut. Market expectations for an aggressive cut surged to 80% following a...
USD -_-JPY As of February 3, 2025, the USD/JPY currency pair is trading at approximately 155.20. Price Action and Technical Analysis: Recent analyses indicate that USD/JPY is trading in a bearish zone below the 157.00 and 156.60 levels. A connecting...
EURUSD currency pair - D1 period chart. The wave structure on this senior period is still building its order downwards. The MACD indicator is in the neutral zone near zeros. Since about mid-January, a expected upward correction has been working out,...
EUR/JPY As of this weekend (February 3, 2025), I’m watching the EUR/JPY pair closely as it trades around 160.75. Recently, it’s rebounded from a two-day losing streak, but I think the overall trend is still something to pay attention to. Technical...
Business signals for gold (Xau/USD) 31 January 2025: Buy over $ 2,780 (21 SMA - 8/8 Murray) At the beginning of the American meeting, Gold (Xau/USD) trades around 2,797 with bulls over 21 SMAs and as part of the uptrend channel from 13 January. Gold...
