The Japanese Yen (JPY) faced intraday selling pressure on Friday, ending its two-day winning streak against the US Dollar (USD). This shift followed remarks by Bank of Japan (BoJ) Governor Kazuo Ueda, who noted that underlying inflation remains...
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,...
The USD/ CAD currency brace endured a significant swell on Friday during the North American trading session, reaching situations around 1.4550. This upward movement was primarily driven by a decaying Canadian bone ( CAD) as investors replied to...
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...
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...
