Analysis of Recent USDJPY Movements: Key Trends and Resistance Breakout The US dollar-to-Japanese yen exchange rate (USDJPY) has exhibited interesting behavior in its weekly time frame chart. The price had been following a bullish trend for an...
The USD/CAD pair is seeing mixed market reactions, driven by diverging views on interest rates from the Federal Reserve and the Bank of Canada (BoC). Former New York Fed President William Dudley recently suggested there could be room for a...
The European Central Bank (ECB) is expected to lower its Deposit Facility rate by 25 basis points (bps), bringing it down to 3.25%. This would mark the second consecutive rate cut by the ECB, signaling a shift in monetary policy aimed at supporting...
H1 Timeframe Analysis of the Euro-Dollar Pair Today, let's look at the EUR/USD H1 chart. For now, sellers are winning and pulling the price downwards. The same scenario represents a bearish bias from traders, meaning further declines may soon be...
NZD/USD Market outlook Greetings and Good Morning guys! We can see that the RBNZ Governor's speech and New Zealand's Unemployment rates couldn’t help the buyers of NZD/USD in the last week. Despite the expectations that these events would provide...