As we can see, the mood for fixing longs is already in full swing here. Therefore, until this mood changes and the accumulation of positions resumes, the pair will continue to roll back downwards. Well, as usual, we continue to watch the...
General Points about USDJPY: The USDJPY market has reached the 150.40 level, which proves that buyers are getting stronger. An upward movement reflects increasing demand for the U.S. dollar against the Japanese yen, driven by market sentiment and...
Market Fundamentals: France’s HCOB Services PMI rebounded to 49.3, surpassing both the previous reading of 48.2 and market expectations. Similarly, Germany’s HCOB Services PMI climbed to 51.6, exceeding forecasts and the prior figure of 51.4,...
AUDUSD H4 Forecast The AUD/USD pair saw a significant decline in the last half of the year and failed to maintain its growth momentum. Initially, the price moved along the upward trend line, which showed strong buying sentiment. However, it...
Market Fundamentals: The Shanghai Stock Exchange has reaffirmed its commitment to deepening capital market access for foreign investors, reinforcing China’s position as a key player in global finance. Despite challenges in the global economic...