Key Highlights GBP/USD started a fresh increase above the 1.2800 resistance. A short-term rising channel is forming with support at 1.2930 on the 4-hour chart. EUR/USD is consolidating gains above the 1.0820 resistance zone. Gold Read more…
BoJ kept its uncollateralized overnight call rate unchanged at around 0.50%, as widely expected. In its statement, BoJ noted that growth is expected to remain above potential, while inflation progress remains on track toward its Read more…
Japan’s exports surged 11.4% yoy to JPY 9,191B in February, marking the fifth consecutive month of growth, driven by strong demand from both the US and China. Exports to the US rose 10.5% yoy, while Read more…
The Fed is expected to maintain current interest rates (4.25%-4.50%) and a cautious approach, emphasizing data-driven decisions. Market participants will focus on the Fed’s “dot plot” and Chair Powell’s press conference for clues about the Read more…
The Japanese yen has lost ground for a third straight trading day. In the North American session, USD/JPY is trading at 149.32, up 0.08% on the day. Earlier, the yen weakened to 149.93, its lowest Read more…
GBP/USD hit a four-month high, testing the 1.3000 level, driven by US Dollar weakness. Central bank meetings (Fed and BoE) this week could lead to market consolidation and a pause in the GBP/USD rally. A Read more…
GBPUSD: ⬆️ Buy GBPUSD reversed from support zone Likely to rise to resistance level 1.3050 GBPUSD currency pair recently reversed from the support zone between the support level 1.2900 and the upper trendline of the Read more…
GBPAUD: ⬆️ Buy GBPAUD reversed from the support zone Likely to rise to resistance level 2.060 GBPAUD currency pair recently reversed from the support area between the support level 2.0290 (former multi-month resistance from December) Read more…
CHFJPY: ⬆️ Buy CHFJPY broke resistance zone Likely to rise to resistance level 172.00 CHFJPY currency pair recently broke the resistance zone lying at the intersection of the resistance level 169.50 (former upward correction top Read more…
As children, everyone had that one fast-food spot they would beg their parents to take them to almost daily, especially after a long day at school or some exhausting extracurricular activity. 💰💸 Don’t miss the Read more…