USD/JPY has established a critical support zone at 151.80, reinforcing the potential for an upward move of 69 to 134 pips, targeting 152.85 and 153.50 in extension. The market’s ability to sustain price action above this level suggests that buyers...
Current Account Balance in Japan The Ministry of Japan recently reported a significant decrease in the Current Account balance, which stood at 1,077.3 billion Yen. This figure is notably lower than November’s reading of 3,352.5 billion Yen,...
USD/CAD is currently exhibiting a strong bullish trend, with price action and technical indicators signaling further potential upside movement. The pair remains well-supported above the key pivot level of 1.4300, which serves as an essential...
The Australian dollar has exhibited notable strength against the U.S. dollar, with the AUD/USD pair maintaining an upward trajectory in recent trading sessions. The key pivot level at 0.6265 has proven to be a crucial technical reference point,...
The current market outlook for GBP/USD suggests a potential decline, which many traders are anticipating. Early signs of downward movement are emerging as the pair begins to breach the 1.2400 level. Should it successfully break below this threshold...
