I see the current decline in USD/JPY as a continuation of the existing trend, but I believe it is more about finishing off the trend rather than initiating a new, serious, and long-term move. From my analysis using the wave technique on the daily...
The British pound exhibited notable resilience, maintaining a position near its recent highs on Wednesday, establishing a firm footing around the pivotal 1.3000 level. This stability was observed as U.S. Consumer Price Index (CPI) inflation data for...
The National Bureau of Statistics (NBS) has shared a cautious economic outlook, noting significant challenges facing the economy. The NBS highlighted that the external environment's impact on economic operations is intensifying, while domestic...
USD/CAD Forecast Greetings and Good morning, guys! The BOC's Rate Statement and Overnight Rate can help the sellers of USD/CAD to cross the support zone, as these key announcements influence the strength of the Canadian dollar. If the Bank of Canada...
The EURCHF currency pair is currently trading within an ascending structure on the hourly timeframe, and I observe that today’s price action has surpassed last week’s high of 0.9635 by 15 points. However, I notice that the oscillators are signaling...
