Eurozone PMI and Bank of Japan's Decision: Where Will EUR/JPY Move? Today marks a crucial day for the Eurozone as significant PMI data releases are expected, which could shape market direction. Simultaneously, the Bank of Japan (BoJ) is anticipated...
USDCAD USDCAD outlook: The USD/CAD pair remains strong, trading near recent highs as the US Dollar continues to benefit from its economic resilience. The Canadian Dollar faces multiple challenges, including geopolitical tensions, weaker domestic...
EUR/JPY PAIR REVIEW Price of currency: EUR/JPY There was a fairly deep GAP down at the opening of the EURJPY market yesterday, Monday. The GAP occurred until the break down of the support line of 159.66 and then the price was again depressed down...
EUR/USD is at a crucial juncture, with its ability to hold below the 1.0310 resistance level determining the next major move. As long as this resistance remains intact, the risk of further downside movement persists. Traders favoring short positions...
China prepares to respond to Trump's tariffs China plans to respond to the tariffs imposed by the Trump administration by focusing on restoring the «Phase One» trade agreement signed in 2020. This step includes a commitment not to devalue the yuan,...