The EUR/JPY has recently staged a recovery, trading near 163.00 during the Asian session on Friday. Despite the Bank of Japan (BOJ) implementing a widely anticipated interest rate hike, lifting its short-term target from 0.15%-0.25% to 0.40%-0.50%,...
Date: 24th January 2025. The BoJ Hikes, But JPY Struggles To Maintain Momentum! Bank of Japan - How High Will Rates Rise? The Bank of Japan decided to adjust interest rates by 0.25%. The central bank's policy rate rose from 0.25% to 0.50% bringing...
The Pound Sterling has managed to retain its recovery momentum against major peers heading into Friday, although it appears poised for a fourth consecutive week of losses against the US Dollar. Recent developments have provided the British currency...
Gold Price Movement The discussion involves analyzing the Gold currency pair's price behavior. I would be very pleased if the price of our commodity instrument could decrease to this support at $2689.00. I hope that from the historical maximum at...
I analyzed and view 107,225 as the current resistance level, and I recall it acting as a resistance before, leading to a bounce downward. I think there’s a possibility that buyers could break through this level. I also recognize 101,204 as the...
