The Japanese Yen (JPY) gained strength across the board following remarks from Atsushi Mimura, Japan's Vice Finance Minister for International Affairs, sparking speculation about a potential currency intervention. In addition to Mimura's comments,...
The AUD JPY pair experienced fluctuations in its price during the trading session. Initially, the price strengthened in the Asian market, but later declined. The market was dominated by buyers in the morning, and the price gradually increased from...
IEA warns of global oil glut of 1 million bpd in 2025 The crude oil market could be heading for a glut. According to Bloomberg, citing the International Energy Agency (IEA), the global petroleum market is projected to face a surplus of more than 1...
Analysis of Trades and Trading Recommendations for the British Pound A test of the 1.2654 price level occurred when the MACD indicator had dropped significantly below the zero mark and was in the oversold zone, enabling a scenario for buying the...
USD/ CAD Price Action Stance Analyzing the current price behavior of the USD/ CAD currency pair is crucial. I am watching the support indicated below to see whether they will be able to push through it or not. They pushed off, as predicted, from the...
