WTI crude oil futures have experienced a downward trend over the past three weeks, declining by approximately 6% since reaching a peak of 79.36 in January. The recent sell-off intensified on Tuesday, pushing prices to a low of 70.66. However, the...
The NZD/USD currency pair is currently positioned in a sensitive technical zone, with 0.5668 acting as a key pivot point that could determine the pair’s next move. If this level holds, the pair could rise between 29 and 43 pips, reaching the first...
The Bank of Japan (BoJ) made a significant move last Friday, raising interest rates by 25 basis points to 0.5%, marking its highest rate since 2008. This hike was widely anticipated and followed BoJ Governor Kazuo Ueda’s remarks suggesting further...
The USD/JPY pair has experienced a sharp decline, hitting a near two-month low as rising Japanese wages fuel expectations of a Bank of Japan (BoJ) rate hike. Simultaneously, the US Dollar (USD) has weakened to a fresh weekly low amid growing...
The USD/JPY currency pair has the potential to rise between 83 and 123 pips if it maintains support above 152.13. This pivot point is crucial in determining market direction, with the preferred scenario targeting 153.91 as the next resistance level....
