There is a fairly interesting price position in the EURJPY Market this time. It can be seen that the price is making a rejection set-up in the critical support area. EURJPY fell again in the market movement this Thursday. The price fell again until...
Markets appear to sense a potential shift in the president-elect’s previously hardline stance, offering some relief to the Canadian Dollar (CAD) and other currencies. However, uncertainty lingers in Canada’s political landscape following Prime...
Governor Kazuo Ueda stated that the timing of adjusting monetary support would depend on economic, price, and financial developments. However, his remarks did not provide any clear indication regarding the timing of a potential rate hike, which...
NZDUSD Analysis The NZD/USD pair continues to post strong gains and reaches key resistance at 0.5780. The pair rebounded from recent lows and continued to climb above key moving averages. However, the price action has formed a rising wedge pattern,...
I often find myself reflecting on the nature of the market, especially during periods of inactivity. I think it’s interesting how, when nothing significant happens, we tend to overanalyze and search for reasons behind the lack of movement. I believe...
