Market Fundamentals and Technical Analysis Overview When assessing the economic conditions of a country, the "Non-Farm Payroll" (NFP) report typically garners significant attention. This report, released monthly, provides data on the number of jobs...
AUD/USD Faces Pressure Amid Mixed Economic Data(February 20,2025) RBA Rate Cut and Economic Impact The Reserve Bank of Australia recently lowered rates by 25 basis points, bringing them to 4.10%. This decision comes as inflation cools, giving the...
USDJPY Technical Analysis USDJPY continues its bearish momentum, currently trading around 150.05. The pair has broken below key support levels, indicating further downside pressure. The 150-period moving average on the daily timeframe is acting as...
NZD/USD: Key Developments Shaping the Market(February 20,2025) RBNZ’s Rate Cut Puts Pressure on NZD The New Zealand dollar (NZD) has been under pressure following the Reserve Bank of New Zealand's (RBNZ) decision to cut interest rates. On February...
General Points about USDJPY: USD/JPY sellers still appear strong today, but this could be a temporary effect. The pair has experienced some selling pressure, leading to a decline in price. Short-term fluctuations suggest that sellers are attempting...
