Forecast of USDJPY Due to overbought conditions, the USDJPY price is currently below the moving average lines on the lower time frame charts. As a result, the price is declining and undergoing a price correction. Last Friday, when the USDJPY's price...
Housing Starts and Building Permits in the US declined further in October. The US Dollar Index stays in daily range above 106.00. Housing Starts in the US declined 3.1% in October to 1.311 million units, the monthly data published by the US Census...
Gold Price Activity Review After last week's wave of decline, gold recovered and ended the day with a large negative line and lower shadow. Gold initially rallied sharply. After bouncing off the daily trend bottom, the previous downtrend has now...
AUD/USD Market OutlookHello and welcome!Australian monetary policy and the Reserve Bank of Australia (RBA) Governor’s speech are key factors expected to support buyers in the AUD/USD market, signaling potential bullish momentum. These events provide...
The USD/JPY currency pair recently hit a significant yearly high, reflecting the broader strength of the US dollar in global markets. This movement came even as the US Dollar Index (DXY) experienced a decline from its 12-month peak last week. The...
