Forex and Cryptocurrency Forecast for January 27 – 31, 2025 The past week in the financial markets has seen mixed movements across major currency pairs, cryptocurrencies, and commodities. The euro-dollar pair (EUR/USD) has been navigating a...
USD/CAD Fundamental Analysis: Looking at last week’s data, the U.S. economy is showing resilience, with Q4 GDP coming in at 3.3%, well above expectations. However, Friday’s PCE inflation data at 2.9% suggests that inflation is cooling, which could...
Bearish Candlestick Chart Pattern A bearish candlestick chart pattern is a key indicator in technical analysis used by traders and investors to predict potential downtrends or price declines in financial markets. These patterns often signal a...
The Australian Dollar (AUD) showcases resilience as it rebounds on Monday despite the US Dollar (USD) experiencing only a slight dip and higher US Treasury yields weighing on the broader market sentiment. Key drivers of this recovery include...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY is trading between minor resistance at 156.31 and support at 155.06. The market price highly respects this resistance and support level, after which the price...
