Technical Analysis

The USD/JPY currency pair has witnessed significant upward movement, breaking through the 158.00 psychological barrier for the first time since July. This rally highlights a persistent bullish sentiment in the market, reflecting traders’ confidence in the U.S. dollar against the Japanese yen. However, as of Friday, the price has dipped slightly below this critical resistance
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The foreign exchange market has recently witnessed significant movements, particularly with the USD/JPY pair, which has experienced a notable upward surge. Analysts report that the pair has successfully tilted the scales above the crucial resistance levels of 155.50 and 156.00. This rally signals a strong bullish sentiment amongst traders as the US Dollar continues to
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The landscape of cryptocurrency is poised for significant transformation in 2025, particularly as regulatory frameworks evolve globally. Experts from Forbes have suggested that forthcoming changes in the policies of the U.S. Securities and Exchange Commission (SEC) could play a critical role in boosting the cryptocurrency sector. With current market capitalization hovering around $3.3 trillion, these
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In the ever-fluctuating world of forex, the interplay between economic indicators, geopolitical events, and central bank policies shapes market directions. Recently, the EUR/USD and GBP/USD currency pairs have demonstrated resilience despite potential headwinds. Notably, the Federal Reserve’s assertive monetary policy and political discussions surrounding tariffs have created an uncertain environment. Nonetheless, traders are observing potential
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Recent fluctuations in the commodities market have sparked considerable interest among analysts and investors. Both gold and crude oil are experiencing significant price movements, reflecting broader economic realities and investor sentiments. Gold prices have fallen beneath the pivotal threshold of $2,665, indicating a bearish trend that warrants close examination. Meanwhile, crude oil struggles to assert
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The financial markets, especially the tech-heavy Nasdaq 100, are in a state of uncertainty as we approach the end of the year. With various economic indicators signaling a potential shift in monetary policy, investors need to stay vigilant. Recent developments suggest that the elusive year-end “Santa Rally” might be in jeopardy due to the Federal
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The currency pair NZD/USD has recently taken a notable downturn, plummeting to its lowest point since October 2022, currently hovering around the 0.5620 mark. This significant decline can be attributed to two primary influences: the relative strength of the US dollar and New Zealand’s underwhelming economic performance. In the ever-evolving landscape of foreign exchange, such
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