Market Fundamentals: Investors remain cautious about the Bank of Japan's (BoJ) willingness to hike interest rates further, even as strong inflation data hints at potential action by January or March. The BoJ’s historically dovish stance has left...
The hourly chart of the USD/JPY pair currently shows the price trading at 157.47, following a sharp decline from its recent high of 158.20. This movement highlights increased volatility, with sellers dominating in the short term. The overall market...
Date: 7th January 2025. European Stocks Dip, Yen Hits Lows, Bitcoin Surges Over $102K Amid Market Shifts. Financial Markets Performance: *The US Dollar dip to 107.85 from 109.60 highs, after Trump’s denial. *The EURUSD rebounded to 1.0413, the...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis; the market price is falling. The market respects the trend line too much; the price moves up from the bottom and reaches the trend line, and then the market price rises...
From my perspective, it seems that the market didn’t give us a proper entry point; instead, it moved north in small increments. Eventually, it reached a local seller's zone where the seller initially showed some weakness. This allowed the buyers to...
