The US dollar has declined abruptly against Japanese Yen, a large triggered by the unexpectedly high interest rate of Japan, which saving around 1%, which has sent investors fighting to adjust their positions. This sudden movement has shaken the...
EURUSD Technical Analysis EURUSD is currently trading around 1.04910, showing a strong bullish momentum on the H1 timeframe after breaking key resistance. The 150-period moving average is acting as support, while the RSI has reached overbought...
The spotlight remains on the upcoming U.S. Consumer Price Index (CPI) release, set to influence market sentiment. Following a softer-than-expected Producer Price Index (PPI) print, investors are anticipating a potential slowdown in both the monthly...
Governor Kazuo Ueda stated that the timing of adjusting monetary support would depend on economic, price, and financial developments. However, his remarks did not provide any clear indication regarding the timing of a potential rate hike, which...
On the daily chart of the GBP/JPY pair, I observe that the pair is currently in a pullback phase following the upward movement that began on February 7 from a low of 187.051. I note that this upward momentum was relatively short-lived, lasting only...
