For today, I suggest placing a buy order above 1.1445 with a higher take profit (TP) level. The GBPCHF market may follow a bullish trend today, especially if the economic data supports positive momentum. A breakout above the resistance level at...
Bank of Japan (BoJ) Governor Kazuo Ueda has indicated that the next interest rate hike is approaching as economic data continues to align with expectations. However, he emphasized the importance of assessing the momentum generated by Japan’s fiscal...
USDJPY D1 Hello everyone. The Japanese yen has hit a more than two-month high against the US dollar amid interest rate hike bets from the Bank of Japan. Lower JGB yields are capping the yen’s gains and helping USD/JPY bounce off levels below 149.00....
Australia's largest trading partner, saw its top leaders and policymakers contemplate allowing the Chinese Yuan to depreciate in response to anticipated sharp hikes in U.S. tariffs, according to Reuters. Meanwhile, China's Trade Balance (CNY) rose...
Based on my analysis of the EUR/JPY currency pair, I observe a clear downward trend on the medium-term H4 timeframe. The price is currently trading below the Gann SSL indicator line, which confirms the bearish sentiment. Similarly, on the M30...
