Fundamental Analysis of USD/JPY: Key Takeaways US Economic Data Recent US economic indicators showed mixed results. The ISM Non-Manufacturing PMI for January came in at 52.8, notably lower than the expected 54.3 and the previous value of 54.1....
I am observing the USD/CHF pair with heightened attention as it navigates critical technical junctures. On the weekly timeframe, I recall the recent price action where the pair rallied strongly toward the 200-period moving average (100 MA), a level...
Current Market Trends The trend in various financial instruments is mixed, with some assets showing signs of recovery while others remain in a consolidation phase. For traders, it is crucial to closely monitor key resistance and support levels, as...
Market Fundamentals: Federal Reserve Chair Jerome Powell has downplayed expectations of imminent rate cuts, citing economic resilience, a robust labor market, and persistent inflationary pressures. Powell emphasized that there are no urgent signals...
British Pound vs. Australian Dollar: Midterm Forecast and Technical Analysis Introduction The currency pair of the British Pound (GBP) and the Australian Dollar (AUD) has garnered attention due to the unique characteristics of both currencies. The...