USD/JPY USD/JPY is showing some interesting price action today, with both technical and fundamental factors driving the market. Technical Analysis: Yesterday, the pair faced some selling pressure, breaking below 154.96 and nearly touching 153.75...
Market Fundamentals: The New Zealand Dollar (NZD) continues to struggle as the Reserve Bank of New Zealand (RBNZ) aggressively slashed its Official Cash Rate (OCR) by 125 basis points (bps) to 4.25% over three consecutive policy meetings. This...
General Points about CHFJPY: The recent price action in the CHFJPY market indicates a strong bearish sentiment, particularly after last week's speech by the SNB Chairman, which did not provide any significant benefit to the CHF. Despite expectations...
Have a nice day everyone! Let's look at the M15 chart. It shows a linear regression channel, which indicates the strength of buyers and the upward trend. The market is moving towards the upper boundary of the channel at 1.25037. To open a position,...
The GBP/USD H1 chart presents a dynamic market structure, with notable price action movements around key levels. The price is currently trading around 1.2431, which serves as an important pivot zone. The red moving average, likely a 50-period simple...
