USD/JPY The USD/JPY market is trading in a downtrend today. The USD/JPY market reached an intraday high of 156.77 but failed to sustain the gains and is currently trading at 155.89. The USD/JPY market encountered strong resistance at 156.50 and...
USD/JPY Price Forecast: Technical outlook USD/JPY retreats from six-day high as U.S. Initial Jobless Claims suggest labor market cooling. Bank of Japan meeting likely to see 25 basis point rate hike, contrasting with Fed's steady stance. Global...
The Euro initially showed some upward momentum during Thursday's trading session, but failed to sustain those gains and eventually retreated, showing continued signs of weakness. As the market struggles with further movement, the 50-day EMA remains...
XAU/USD The XAU/USD (Gold to US Dollar) hourly chart highlights the dynamic nature of gold’s charge action, reflecting its function as a secure haven asset and hedge in opposition to monetary uncertainty. The fee motion found simply depicts market...
Market Fundamentals: The Canadian Dollar (CAD) has faced significant challenges recently, primarily due to the Bank of Canada’s (BoC) aggressive monetary policy easing. Last week, the BoC cut its borrowing rates by 50 basis points to 3.25%, aligning...
