The EUR/NZD pair is currently navigating through a crucial price range, where 1.8237 acts as a fundamental support level, shaping the pair’s short- to medium-term trajectory. A sustained hold above this area could pave the way for an upward move...
Japan sets its sights on LNG pipeline in Alaska Japan is aiming high! It nurtures an ambition to build an LNG pipeline in Alaska. Currently, Japan’s government is prepared to financially support a $44 billion gas pipeline project in Alaska, hoping...
Today, I conducted a technical analysis of the USD/JPY pair. Currently, the market is in a downtrend, and the price is falling, which is helping to push the downtrend line lower. The USD/JPY has broken the support level at 155.06, signaling a...
The EUR/USD daily chart shows a strong bearish trend, with price action forming lower highs and lower lows. The red moving average (likely a 50-day or 100-day MA) has acted as dynamic resistance, with price rejecting it multiple times before...
Ahead of Thursday's announcement of the Bank of England's (BoE) monetary policy decision, the GBP stabilizes versus its main peers, with the exception of safe-haven currencies. With an 8-1 vote split, the BoE is likely set to lower interest rates by...
