Market Analysis: GBPJPY Bullish Momentum Persists Amid Key Resistance Challenges The GBPJPY currency pair has recently experienced a notable bullish breakout, continuing its upward trend. This movement followed a prolonged consolidation phase below the crucial 169.580 level, during which the pair …
Market Analysis: NZDUSD Maintains Dominant Bearish Trend NZDUSD has faced substantial bearish pressure since reaching a notable high in early 2023. After briefly breaking through the 0.63880 resistance level, the pair reversed direction, initiating a sustained downtrend that has pierced several …
The USD market in 2024: fed policy shifts and economic outlook. In 2024, the Federal Reserve cut interest rates for the first time in four years, signaling a shift in policy amid persistent inflation. However, the Fed’s forward guidance remained hawkish, reflecting caution as it assessed economic …
