February 9, 2025 The USD/JPY pair is likely to decline, with an estimated pivot point at 155.85. The price is approaching the 150.06 support level after breaking below its bullish trendline. The US dollar has rallied a bit against the Japanese yen...
Forex and Cryptocurrency Forecast for February 10 - 14, 2025 The past week saw contrasting movements in key markets. The euro continued to lose ground against the US dollar, with bearish sentiment dominating the EUR/USD pair. Meanwhile, bitcoin...
Market Fundamentals: Exports grew by 1.5% year-over-year, falling significantly short of the previous 11.2% increase. Meanwhile, imports rose by 1.2% YoY, marking a recovery from the prior 3.7% decline. In the forex market, the New Zealand Dollar...
US President Donald Trump reiterated his intention to boost domestic oil production to drive down prices, which put pressure on crude oil prices. His pledge was made amid persistent worries over an already abundant supply. Furthermore, a substantial...
The USD/JPY pair in the H1 timeframe has been in a clear downtrend, with price action consistently making lower highs and lower lows. The movement has been respecting the Bollinger Bands, particularly the lower band, which indicates strong bearish...
