USD/JPY Daily chart: The USD/JPY market is in a downtrend, with the daily chart showing that the price is trading near 149.456. The market structure suggests a bearish trend as the price approaches the 149.300 support level. If this support is...
GBP/USD Technical and Fundamental Analysis Technical Analysis On the H1 timeframe, GBP/USD is currently in an uptrend, having formed a support level at 1.25800 and previously encountered resistance at 1.26300. The market consolidated near this...
The US dollar has declined abruptly against Japanese Yen, a large triggered by the unexpectedly high interest rate of Japan, which saving around 1%, which has sent investors fighting to adjust their positions. This sudden movement has shaken the...
Governor Kazuo Ueda stated that the timing of adjusting monetary support would depend on economic, price, and financial developments. However, his remarks did not provide any clear indication regarding the timing of a potential rate hike, which...
Markets appear to sense a potential shift in the president-elect’s previously hardline stance, offering some relief to the Canadian Dollar (CAD) and other currencies. However, uncertainty lingers in Canada’s political landscape following Prime...
