Fiber has hit a roadblock, halting its brief winning streak and trading around 1.0410 during the European session on Thursday. This downside move is largely attributed to the strengthening US Dollar, as market caution grows ahead of upcoming US...
The USD/JPY pair is in a strong uptrend, as evidenced by the consistent series of higher highs and higher lows. The price action remains above the red moving average, which acts as dynamic support. This bullish momentum indicates robust buying...
Will the Bank of Japan Intervene? Recent media reports have raised concerns about potential intervention by the Bank of Japan due to a significant weakening of the national currency, which has declined by approximately 13% since October. Many banks...
The euro experienced minimal movement against the US dollar during Boxing Day trading, a predictable outcome given the reduced market activity following the Christmas holiday. Liquidity remains a challenge, and this subdued environment is likely to...
In the past two days, the EURJPY pair has only moved within a range of 145 pips on the H4 timeframe, suggesting a relatively stagnant market. As the trading day comes to a close, we anticipate significant surprises from economic data releases and...
