The currency pair may experience more downsidesSellers remain dominant in the market at the moment. USDJPY Weekly Price Analysis – August 16 The USDJPY pair is dropping and may experience more downsides as the bears remain dominant. The Yen price could continue sliding if the bears add more …
Forex Strategies
Dash 2 Trade (D2T/USD) Coiled for Breakout: A Technical Deep Dive
In our previous analysis of the Dash 2 Trade market, we observed consolidation around the $0.0026 price level. While the market remains near this level today, it experienced a brief downward movement, dipping to $0.0025 before recovering. This dip was driven by bullish sentiment that initially …
Market Anticipates a Federal Reserve Rate Cut Amid Economic Uncertainty
The market anticipates a federal reserve rate cut amid economic uncertainty. This sentiment has been fueled by comments from Bank of America CEO Brian Moynihan, who has publicly urged the central bank to take action. However, Federal Reserve board member Michelle Bowman has advocated for …
