The price remains under strain, struggling to attract significant buyers as it hovers near a three-week low against the US Dollar (USD) ahead of the European session. Market expectations that the Bank of Japan (BoJ) will maintain its short-term...
GBP/JPY is hovering near a critical support level at 192.46, making this a pivotal moment for traders analyzing potential price movements. The bullish scenario remains the preferred outlook as long as the pair holds above this level, with possible...
This is a follow-up analysis of my prior report Oil Prices Slide Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Streak? published on 13 January 2025. Click here for a recap.From a technical analysis standpoint, Brent has tapped into a key...
Tweezer Top and Bottom candlestick patterns in forex trading. Understanding Candlestick Patterns Candlestick patterns are a cornerstone of technical analysis in trading. They provide visual cues about market sentiment and potential price movements....
The resignation of Michael S. Barr as Fed Vice Chair for Supervision played a key role in this rally, as Barr has been known for his strict regulatory stance on banks engaging with and holding cryptocurrencies. His departure has eased concerns over...