Japan’s Ministry of Finance reported a notable improvement in the country’s trade deficit for November, which narrowed to ¥117.6 billion from October’s ¥462.1 billion. However, this optimistic data was tempered by a 3.8% drop in Japanese imports,...
Forecast of Silver It is difficult to forecast where Silver will move next when I discuss it using smaller time frame charts because, even on the daily time frame chart, price activity is within the range zone. However, according to the weekly time...
The recent rebound in gold prices highlights the commodity's status as a safe-haven asset amid economic uncertainty. The Federal Reserve's dovish stance, signaled by Jerome Powell, and speculation about rate cuts have added bullish momentum to gold....
Market Analysis: USD/JPY at a Critical Support Level Current Price and Market Context The USD/JPY pair is currently trading at 155.07 and is approaching a strong triple bottom level on the H1 timeframe. This level has emerged as a significant...
Market sentiment around interest rate adjustments has shifted slightly, with the probability of a 50-basis-point (bps) cut by the central bank to 4.25%-4.50% by year-end declining to 68.3% from 71.7% just a week ago. Traders appear confident in a...
