As investors supported the US dollar against the Japanese yen in a risk-on market environment, the USD/JPY rapidly increased over 155.00. US President Trump postponed a 25% tariff order on Canada and Mexico for 30 days. Investors anticipate the US...
Gold Price Activity Recap We are currently engaged in a captivating discussion regarding the price behavior analysis of the Gold. Gold continues to display a strong bullish momentum, as seen in the 4-hour chart, with prices currently trading around...
The technical outlook for GBP/JPY is decidedly positive at present, with a clear bullish bias that is anchored by the pivotal support at 191.82. This key level not only serves as an essential barrier against any downward movement but also reinforces...
NZDUSD currency pair - let’s consider the D1 period chart. January was passed earlier, and the movements were in different directions. There was a good upward correction, which was preceded by a bullish divergence on the MACD indicator used, but...
Market Fundamentals: Analysts at the Bank of Montreal (BMO) anticipate that the Bank of England (BoE) will maintain its interest rate at 5% in the upcoming meeting, citing multiple influencing factors. Given the current composition of the Monetary...