USD/JPY Ruslan, good morning! It is interesting to see how the Bank of Japan makes attempts at verbal interventions, which are already unsuccessful. The market no longer believes the bank, so those who play against the bank are pushing the price on...
The EUR/USD pair, currently trading around the 1.0700 mark, has been exhibiting a bearish trend lately. This downward movement has been gradual, but many analysts and traders believe that a significant shift might be on the horizon. In this...
Analysis of USD/JPY Currency Pair For the USD/JPY currency pair, predicting a rise beyond the resistance level of 160.83 is challenging, as this is a solid resistance point. This level has historically acted as a barrier, making it difficult for the...
XAUUSD H4 Although, the US unemployment rate has increased from 225K to 242K. Also, the US PPI rate was negative side yesterday. However, the market couldn't get benefits from those news events. It is still under pressure from the seller. Today, in...
The EUR/USD currency pair, currently at 1.0696, is showing a bearish trend. This indicates that the euro is weakening against the U.S. dollar. The gradual decline can be attributed to several macroeconomic factors influencing both the Eurozone and...