USD/JPY Weekly Analysis: Breakout Chances Current Market Context The Japanese yen (JPY) has been moving within a relatively smooth or horizontal zone for some time. Recently, it surged above the 160 mark but has since begun to decline. Two months...
General Points about NZDUSD We can see that the market trend for NZDUSD has shifted in favor of buyers. Over the past few trading sessions, there has been a noticeable increase in bullish momentum, and price action suggests that the pair could...
NZD/USD Faces Downward Pressure Amid Economic Slowdown(January 28,2025) Local Economic Struggles Weighing on NZD New Zealand is dealing with a number of challenges at home. The labor market is showing signs of strain, with the unemployment rate...
Gravestone Doji Candlestick Chart Pattern The Gravestone Doji is a significant candlestick pattern often observed in technical analysis. It is a type of Doji candlestick that signals potential market reversals, particularly at the end of an...
Fundamental Analysis: ECB and Federal Reserve ECB's Cautious Approach The European Central Bank (ECB) has adopted a more cautious stance regarding monetary policy, in contrast to the Federal Reserve, which has hinted at pausing interest rate hikes....