During the Asian session, the USD fell to more than a two-month low and drew new supply on Monday. The greenback is still severely impacted by worries about the GDP forecast and the health of US consumers. Ahead of Friday's US PCE data, the USD...
On the daily chart, I have observed that the currency pair has been moving sideways for some time. Today, I see that the price is still trading within this sideways range, and I am carefully watching to determine whether the pair will continue...
Based on my analysis of the EUR/JPY currency pair, I observe a clear downward trend on the medium-term H4 timeframe. The price is currently trading below the Gann SSL indicator line, which confirms the bearish sentiment. Similarly, on the M30...
The Canadian dollar (CAD) faced renewed pressure last week as Bank of Canada (BoC) Governor Tiff Macklem provided a cautious yet open-ended stance on monetary policy. While Macklem acknowledged that Canada’s economy was on a more stable footing,...
China's National Development and Reform Commission (NDRC) has introduced new guidelines aimed at establishing a unified national market, reducing market barriers, and stimulating domestic demand while promoting openness. These fresh supportive...
