The EUR/JPY cross remains under pressure as the Bank of Japan (BoJ) keeps its short-term interest rate target at 0.25% for the third consecutive meeting, in line with market expectations. This decision supports Japan’s accommodative monetary stance,...
The spot price remains highly sensitive to economic developments in China, its largest trading partner. Ongoing deflationary concerns in China have raised speculation about potential large-scale stimulus measures. Such actions could either bolster...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping the price increase within the channel. Crude oil prices are currently hovering above support and...
Technical analysis of Silver Choose silver for technical analysis today. XAG/USD market price fell at dawn and helped the trendline price drop. The price of the war is very much in line with the trendline, and after reaching this timeline, the...
USD/JPY USD/JPY outlook: The USD/JPY currency pair has been in focus lately, with the exchange rate hovering around 157.72. As market participants keep a close eye on the pair, both U.S. economic data and Japan’s monetary policy are playing pivotal...