February 6, 2025 The USD/JPY is currently trading at 151.428, with key support at 154.617 and resistance at 155.084. The market sentiment appears balanced, with a notable pivot level that could influence future movements. Technical Analysis: Moving...
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USD/JPY Technical and Fundamental Analysis Technical Analysis: On the H4 timeframe, USD/JPY is in a downtrend, as the price is moving lower along a trendline. It is trading below the 200-day Simple Moving Average (SMA) and has formed a significant...
The GBP/USD pair is trading in negative territory near 1.2400 on Thursday, struggling to regain momentum after the Bank of England (BoE) decided to cut its policy rate by 25 basis points (bps). Despite disappointing US economic data, which helped...
Growing uncertainty surrounding U.S. President Donald Trump's policies and potential tariff measures has fueled speculation that the Federal Reserve (Fed) might pause its tightening cycle as early as its January meeting. This anticipation has pushed...