Market Fundamentals: Analysts at the Bank of Montreal (BMO) expect the Bank of England to keep interest rates unchanged at 5% in its upcoming meeting, citing various economic factors. Meanwhile, Japan's economic landscape presents mixed signals. The...
The GBP/NZD pair is exhibiting a distinctly negative technical setup, where the resistance at the pivot point of 2.2175 is critical to the continuation of the bearish trend. With the RSI below 50 and the MACD showing a negative divergence by trading...
As investors supported the US dollar against the Japanese yen in a risk-on market environment, the USD/JPY rapidly increased over 155.00. US President Trump postponed a 25% tariff order on Canada and Mexico for 30 days. Investors anticipate the US...
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...
USD/ CAD Price Breakout Signals Our conversation focuses on the current state of the USD/ CAD currency pair's price behavior scrutiny. The trading pair aligns well with our expectations, moving decisively towards a sell trend. Simultaneously, the...
