Market Analysis: Price Anticipates a Bearish Pullback In late December 2023, NZDUSD experienced a significant Bearish reversal, marking a notable departure from the prevailing bullish trend that had dominated the market. This change in direction occurred after the fall in price breached the …
AUDJPY Needs a Fresh Start
The AUDJPY pair has been making headlines recently as it broke below the significant level of 104.400. This move was influenced by the decision of the Bank of China to hold on to its interest rates. Additionally, we will discuss the future outlook for this market based on the information …
EURJPY Resurfaces Above the 170.00 Price Mark
As anticipated, EURJPY has re-entered trading above the 170.00 price level. Meanwhile, all this is happening while the Eurozone remains tranquil on a fundamental basis. This indicates that the bullish market-moving fundamentals for the pair stemmed from the Japanese yen side, as the recent pump in …
