Market focus has now shifted to upcoming central bank decisions, with awaiting the highly anticipated two-day FOMC meeting and the Bank of Japan’s (BoJ) policy announcement. As a result, market participants may adopt a cautious stance, avoiding...
In the current trading environment, NZD/JPY is exhibiting a strong upward bias that is largely anchored by the pivotal support level at 86.15, which has proven to be a reliable barrier against downward movements. The price is currently trading above...
In the current trading environment, GBP/JPY is exhibiting a well-structured bullish formation that is anchored by the pivotal support level at 191.82. The price is comfortably trading above both the 20-period moving average at 191.90 and the...
The GOLD H1 chart exhibits a strong uptrend, with price action consistently forming higher highs and higher lows. The price recently reached a peak near 2831.20, where a slight pullback began. This suggests that the market could be entering a...
The Canadian economy is currently facing significant headwinds, with rising unemployment reaching multi-year highs, putting pressure on the Bank of Canada (BoC) to step in with aggressive monetary easing. In response, the BoC is expected to...
