The pair faced losses as market sentiment shifted, with traders growing increasingly convinced that the Bank of Japan (BoJ) will maintain its current policy stance and keep interest rates steady during Thursday's meeting. Adding to this sentiment,...
The Australian dollar continued its downward trajectory overnight, reflecting ongoing currency struggles. While the current level may appear attractive to some retailers due to its historical support, broader economic challenges are emerging,...
USD/JPY Technical Analysis, Outlook and Forecast The USD/JPY market continues to trade in a bullish trend, currently hovering around 153.92. Today, the GBP/USD market tested the support level at 153.30, which corresponds to the 100 simple moving...
Crude Oil Technical Analysis 1-Hour Timeframe Crude oil is showing an interesting change in market behaviour. Currently, the market is in a buying trend, but when we look at its structure, we can see that it is shifting towards a selling structure....
Traders are anticipating further interest rate cuts from the Federal Reserve, with expectations of a 75-basis point reduction by the end of the year. These expectations are expected to play a crucial role in shaping the trajectory of the U.S. Dollar...
