6 EUR/USD remains in a fragile position as it struggles against the key resistance at 1.0310, a level that has consistently capped upside movements. The current market sentiment suggests that as long as this resistance holds, the risk of a further...
Date: 4th February 2025. The British Pound Remains Resilient Amid USD Strength! Why Is The British Pound Holding Strong Against The Dollar? The British Pound is strengthening due to President Trump's favourable stance toward the UK. Economists...
Eurozone PMI and Bank of Japan's Decision: Where Will EUR/JPY Move? Today marks a crucial day for the Eurozone as significant PMI data releases are expected, which could shape market direction. Simultaneously, the Bank of Japan (BoJ) is anticipated...
AUD/USD The AUD/USD pair is struggling near 0.6200 today, having recently hit a five-year low at 0.6087. This drop is largely due to rising trade tensions after the U.S. imposed hefty tariffs on imports from Canada, Mexico, and China. Given...
USD/JPY Market Analysis Daily Timeframe Overview: The USD/JPY pair is in a strong downtrend on the daily chart. Yesterday, the price tested the 144 support level, faced rejection, and then surged up to 155 before closing at 154. The daily candle...
