EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is in an uptrend as it targets level 141.00 high. The upward move was made possible as the currency pair broke the resistance at level 137.54. The pair is now trading in the overbought region of the market. Meanwhile, on March 28 uptrend; a retraced …
The RBNZ Governor Ascertains More Tightening to Contain Inflation
The RBNZ Governor, Adrian Orr, stated that the Reserve Bank of New Zealand has taken a firm stance on its tightening policy and expects to raise interest rates for the foreseeable future to keep inflation expectations in check.In an interview on Monday, Orr confirms a deliberate tightening attempt. …
EURUSD Price Scene Yearns to Experience More Downfall
EURUSD Analysis – The Price Scene Yearns to Experience More Downfall Below the 1.08040 Key Level EURUSD price scene yearns to experience more downfall below the 1.08040 key level. The EURUSD is engaging the price below this significant level in the market. Therefore, a bearish tag is placed on the …
