Based on my analysis of the EUR/JPY currency pair, I observe a clear downward trend on the medium-term H4 timeframe. The price is currently trading below the Gann SSL indicator line, which confirms the bearish sentiment. Similarly, on the M30...
Australia's largest trading partner, saw its top leaders and policymakers contemplate allowing the Chinese Yuan to depreciate in response to anticipated sharp hikes in U.S. tariffs, according to Reuters. Meanwhile, China's Trade Balance (CNY) rose...
Silent Points about GBPNZD: At the moment, the GBPNZD market has closed at the 2.1970 level, indicating that sellers remain stronger. The current price action suggests a bearish sentiment, with market participants favoring short positions. The...
WTI crude oil futures on the NYMEX have rebounded to approximately $70.44 in Monday’s European session after touching a seven-week low near $70.00 on Friday. The market remains highly uncertain as geopolitical developments, economic indicators, and...
The pair rebounded as concerns grew among Bank of England (BoE) officials about persistent price pressures. During a panel discussion organized by BNP Paribas, BoE external policy member Catherine Mann highlighted the risk of slowing disinflation,...
