Market Fundamentals: Expectations that Trump's expansionary policies will drive inflation higher and limit the Federal Reserve’s ability to cut interest rates continue to bolster the US dollar, supporting the USD/JPY pair’s upward movement. Recent...
Analysis of GBPJPY from a Technical Perspective Today, I have selected GBP/JPY for my technical review. The price margin for GBP/JPY is decreasing, which contributes to a downward movement from the trendline. This trendline has played a role in...
Bitcoin’s Next Big Move: What Traders Need to Watch(February 23,2025) What’s Driving the Market? Beyond the price action, several outside forces are influencing Bitcoin’s direction. Big Investors Are Still Buying: Confidence remains strong among...
Technical Analysis of XAUUSD XAUUSD closed Friday’s trading session at 2936, positioned between the immediate support level of 2920 and the resistance level of 2945. This suggests a consolidation phase, with the market awaiting a decisive breakout...
USD/JPY Looking at the USD/JPY, the technicals show strong bullish momentum. The pair has been climbing steadily from a low of 130.50 earlier this year and recently broke through resistance around 135.50, now testing levels near 137.50. Here are...
