USDJPY outlook The USD/ JPY brace continues to show strength due to divergent financial programs between the Federal Reserve and the Bank of Japan. The Federal Reserve has maintained a hawkish station, raising interest rates to manage affectation,...
The Bank of England (BoE) is anticipated to cut interest rates once within its next two meetings, with traders assigning an 80% probability to a 25 basis point (bps) reduction, which would lower the key borrowing rate to 4.75%, according to a...
On the diurnal time frame map, the price of the EURJPY has been in a bullish trend and above the 26 and 50 EMA lines in the last many trading days. This week, on Monday, during the price decline, the EURJPY crossed these moving average lines to the...
NZD/USD Technical Analysis: NZD/USD is hovering around 0.6300, showing some bullish momentum on the daily chart. I’ve noticed the pair holding above the 50-day moving average, which suggests buyers are still in control. The RSI is sitting at 58,...
BTCUSD Technical Analysis Bitcoin (BTC) has shown high volatility today, breaking below the 98,600 level, reaching a low of 92,000, and then bouncing back to 98,000. This movement highlights both strong selling pressure and aggressive buying...
