I observe that the US dollar struggled to hold its ground against the yen, which has once again influenced the direction of all yen pairs, including USD/JPY. I note that the pair finished trading close to its previous low, which was a level many...
Deputy Governor of the People’s Bank of China (PBOC), reaffirmed the central bank’s commitment to maintaining the Yuan at a stable and balanced level. He highlighted plans to strengthen counter-cyclical policy adjustments and mitigate excessive...
On Friday, the USD/CAD pair exhibited a notable struggle near the crucial resistance level of 1.4200 during European trading hours. This movement followed a recovery from a three-day low of 1.4166, which was observed after Thursday's economic data...
As I analyze the current market situation, I observe that the week has concluded with sellers maintaining their dominance, leaving buyers with little opportunity to recover. I note that trading finished near a critical support zone, a level from...
US West Texas Intermediate (WTI) crude oil prices displayed a period of consolidation during Friday's Asian trading session, maintaining a narrow trading range and consolidating gains accumulated over the preceding four days. The commodity is...
