USDJPY Weekly Analysis The Federal Reserve’s relatively tight interest rate policy provides support for the US dollar. The Bank of Japan’s cautious policy has put pressure on the yen. Clearly, this difference in monetary policy is positive for the...
The current technical setup for GBP/JPY suggests that the pair is likely to experience a decline of 110 to 159 pips, with key resistance at 188.58. This resistance level has proven to be a significant barrier for the price, and as long as the price...
USD/JPY continues to struggle against its strong resistance at 151.91, making it difficult for bulls to gain traction. The technical outlook remains firmly bearish, as multiple indicators confirm the downward pressure. The RSI remains below 50,...
GBPUSD Weekly Analysis The Bank of England has adopted a cautious stance on interest rates amid concerns about the slowdown in economic growth in the UK. Meanwhile, the Federal Reserve maintained its dovish stance, supporting the US dollar. This...
WTI crude oil technical perspective In early Friday trade, light crude oil recovered moderately, driven by the launch of the non -agricultural payroll report. This rebound has attracted value search merchants, with all eyes now at the level of...
