The euro experienced a significant rally against the Japanese yen on Friday, following the release of eurozone inflation data for July that aligned with market expectations. This surge pushed the EUR/JPY pair to just above 161.00, marking a 25%...
The Japanese yen staged a modest recovery against the US dollar on Tuesday, snapping a four-day losing streak. However, the yen's gains were tempered by lingering concerns about the Bank of Japan's (BOJ) monetary policy stance and the potential...
What is pivot point in forex trading. What Are Pivot Points in Forex Trading? Pivot points are technical analysis tools used by forex traders to determine potential support and resistance levels in the market. They serve as a foundation for many...
Bitcoin Trading Outlook: Navigating the Volatility Bitcoin's current market behavior is unpredictable, oscillating between key levels. Yesterday, it dropped to the 57,100 level before rebounding to test 59,300. This back-and-forth movement reflects...
Bitcoin (BTC) showed resilience over the past week, rebounding to approximately $57,000 after a brief 4.6% dip earlier in the week. This correction came as Bitcoin broke below a descending wedge pattern, coinciding with significant developments from...