The EUR/JPY currency pair has recently broken below its support level, which had previously defined its trading range. This breach is significant because it indicates a potential change in market sentiment, suggesting that bearish momentum is...
Chinese households struggling with rampant inflation China’s authorities have to make urgent efforts against rampant inflation. According to Reuters, citing China's National Bureau of Statistics, domestic consumer inflation has soared over the...
EURUSD Daily Chart Outlook The EUR/USD pair is showing strong short-term momentum, with five consecutive days of gains. It has broken above the medium-term downtrend line, signaling a potential shift in trend. The 20-day and 50-day simple moving...
I believe the current price action of USDCAD is quite intriguing, and I will analyze it step by step. I observe that the price is currently moving upward after bouncing off the volume level of 1.4165, which acted as a strong support level. I think...
I observe that the USD/JPY pair is currently experiencing limited volatility, with the daily balance point holding at 152.44. This level now acts as a critical pivot, dictating the short-term directional bias. I note that the H1 resistance has been...
