XAGUSD(Silver) XAGUSD(Silver) outlook: Silver, like gold, is benefiting from global uncertainty and is often seen as a safer investment in times of economic stress. However, silver faces additional influences due to its dual nature as both a...
USDJPY USDJPY outlook: The USD/JPY pair remains heavily influenced by the contrasting monetary policies of the U.S. Federal Reserve and the Bank of Japan (BoJ). While the Fed continues to maintain a relatively hawkish stance on interest rates, the...
Market Fundamentals: Analysts at the Bank of Montreal (BMO) anticipate that the Bank of England (BoE) will maintain its interest rate at 5% in the upcoming meeting, citing multiple influencing factors. Given the current composition of the Monetary...
Morning Star Chart Pattern The Morning Star is a bullish reversal candlestick pattern that typically appears at the bottom of a downtrend, signaling a potential upward reversal. It consists of three candles: First Candle (Bearish) – A long red...
EUR/JPY is currently showing signs of consolidation after a period of decline. The price is trading around the 160.26 level, attempting to stabilize after a sharp drop that saw it test the 158.15 support level. The Bollinger Bands indicate increased...
