Technical Analysis USD/JPY H-1 Chart By now, analyzing the positions of the USD/JPY pair on the four-hour chart, we see that the pair is under strong pressure from the bears, and the latter have already been able to test the round level of 151.00...
US President Donald Trump reiterated his intention to boost domestic oil production to drive down prices, which put pressure on crude oil prices. His pledge was made amid persistent worries over an already abundant supply. Furthermore, a substantial...
Weekly Analysis of GBP/JPY Current Market Overview This week, GBP/JPY experienced a notable price drop following the release of the ISM news. Currently, the price is hovering around a significant support level, which may indicate a potential...
Market Fundamentals: Federal Reserve Chair Jerome Powell has downplayed expectations of imminent rate cuts, citing economic resilience, a robust labor market, and persistent inflationary pressures. Powell emphasized that there are no urgent signals...
Market Fundamentals: The release of weaker-than-expected Chinese economic data early in the day has contributed to a subdued market sentiment. The PMI was confirmed at 50.5, falling short of both the previous reading of 51.7 and market expectations....