The persistent rise in inflation supports the case for the Bank of Japan (BoJ) to consider tightening its ultra-loose monetary policy, a move that could impact the Japanese Yen's performance against major currencies. On the US side, the Federal...
Today was unproductive for me in terms of trading, particularly with the EUR/USD pair. Despite a spike above the 1.04 level, I hesitated to sell as the movement quickly reversed, resulting in a false breakout at 1.0435. The pair eventually closed...
Economists anticipate that the US economy added approximately 200K new jobs, a stark contrast to the previous month's modest increase of 12K. The Non-Farm Payroll (NFP) report highlighted that employment estimates in several sectors were disrupted...
Crude oil Analysis During the US trading session on Friday, February 7, US crude oil prices edged up slightly, trading at around $71.07 per barrel. President Trump reaffirmed his commitment to increasing US oil production to lower prices and reduce...
The EUR/JPY H1 chart shows a strong bearish trend, confirmed by price action consistently making lower highs and lower lows. The price is trading below the red moving average, which acts as a dynamic resistance, rejecting any bullish attempts. The...
