Market Fundamentals: The Bank of Montreal (BMO) analysts anticipate that the Bank of England (BoE) will maintain its interest rate at 5% in the upcoming meeting, citing various economic factors. Meanwhile, the euro (EUR) continues to underperform...
USD/JPY Key Price Levels Our conversation concerns the current state of the USD/JPY currency pair's price behavior review. The USD/JPY pair has just entered the selling zone between the 200-period EMA at 155.50 and the 50-period EMA at 155.20. The...
The technical outlook for GBP/JPY is decidedly positive at present, with a clear bullish bias that is anchored by the pivotal support at 191.82. This key level not only serves as an essential barrier against any downward movement but also reinforces...
XAUUSD(Gold) XAUUSD(Gold) outlook: Gold has been on a strong uptrend, supported by a mix of factors, including persistent global uncertainties, inflationary pressures, and geopolitical risks. However, the strength of the U.S. Dollar and the...
NZD/USD daily chart NZD/USD hovers around 0.5610 during early European trading on Tuesday, facing volatility as risk-off sentiment rises due to escalating US-China trade tensions. China retaliated against the new 10% US tariff that took effect...
