USD/JPY Technical and Fundamental Analysis Technical Analysis: On the H4 timeframe, USD/JPY is in a downtrend, as the price is moving lower along a trendline. It is trading below the 200-day Simple Moving Average (SMA) and has formed a significant...
The Reserve Bank of New Zealand (RBNZ) has been compelled to adopt an aggressive policy-easing approach due to declining inflationary pressures, weakening labor demand, and sluggish business activity. Meanwhile, the U.S. Dollar faces headwinds as...
Current Price Action of EUR/JPY The EUR/JPY currency pair is currently trading around 160.26, where it is experiencing a consolidation phase. Prior to this, the price tested a significant support level at 158.15, which has proven to be a robust...
GBP/CAD Technical Analysis and Trading Strategy Market Overview Upon analyzing the GBP/CAD currency pair, it is evident that the market sentiment is currently bullish. The price has broken through the 1.7992 zone, signaling a potential bullish...
AUD/USD Analysis and Current Situation Current Status Today, the AUD/USD pair is struggling around the 0.6200 mark, having recently dropped to a five-year low of 0.6087. This decline is primarily attributed to new tariffs imposed by the US on...