The currency pair experienced a phase of consolidation during the Asian session on Friday, following a notable decline induced by the Bank of England's (BoE) recent decisions. Currently trading just above the mid-1.2870s, the pair is exhibiting...
NZD/USD Market Analysis Greetings and Good Morning to all Visitors! We have more selling opportunities in NZD/USD. Since the start of July, the market of NZD/USD has dropped sharply. Therefore, it reached around the 0.5888 zone on Friday. It might...
Dynamic Moves in Crude Oil Prices The Crude Oil price behavior analysis is up for discussion at the moment. Oil attempted to reach new lows today but failed. The price hit 76.01, reversed, and is now trading at 77.43. The RSI trends towards the...
EUR/JPY Market Analysis Greetings and Good Morning to Everyone! In the last week, the market of EUR/JPY remained under the seller's control. Even the German and French Flash and G-12 Meetings couldn't bring volatility for the buyers of EUR/JPY. As a...
USD/JPY exchange rate has reached 161.91, marking its strongest level since 1986. This rapid increase has raised concerns among market participants, who are waiting for the Bank of Japan (BOJ) to intervene in the currency market. Such intervention...