JPY set to extend its weakness amid current fundamentals UBS analysts have revised their inflation forecast for Japan, now expecting higher inflation rates in the coming years. The main reasons are the strengthening US dollar and rising energy...
Current Analysis of USD/JPY Pair Market Overview The USD/JPY pair has recently seen sellers push the price down below 158.00, with some additional downward movement. However, the overall trend remains bullish. It’s crucial to note that as long as...
THE CURRENCY PAIR USD-JPY Well, why should we pinch 20 points? A big trader has a lot of swimming to do. For the USDJPY currency pair, 400 points is not a problem at all. It is very volatile. But here's the strange thing: the Bank of Japan raised...
EUR/USD Technical and Fundamental Analysis The EUR/USD market was previously in a downtrend with a strong sell structure. However, the trend has turned bullish after completing a five-wave cycle and breaking out of its previous structure. The price...
Forecast of Gold Last week, the Gold showed resilient bullish movement on the daily time frame chart. I saw that the Gold tested the resistance level of 2720, but the price dropped slightly on Thursday because of the resistance level. However, on...
