The Bank of Japan (BoJ) made a significant move last Friday, raising interest rates by 25 basis points to 0.5%, marking its highest rate since 2008. This hike was widely anticipated and followed BoJ Governor Kazuo Ueda’s remarks suggesting further...
The USD/JPY currency pair is showing signs of potential movement, with an estimated gain of 83 to 123 pips if it remains above the 152.13 support level. This pivot point is crucial in determining short-term price action, with a preference for a...
The NZD/USD currency pair is at a decisive point, with the possibility of gaining 29 to 43 pips if it sustains support at 0.5668. This level serves as the pivot point, acting as a reference for market direction. If the price holds above this point,...
Forex Market Outlook 06 February 2025 Good morning to all respected forum members and moderators. Hopefully you are all in good spirits to welcome the mid-week market. How about last week's trading results? Hopefully it is still consistently...
THE CURRENCY PAIR AUD-USD I expected the pair to grow towards the resistance at H4 0.6285, provided that in the event of a rollback to the balance of the day at 0.6160, they won't be able to break through it. The plan was to buy near the balance of...
