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USDJPY is currently trading below the critical 160 level with weak momentum. There are signs of overbought conditions, indicating that sellers may be waiting below the 158.35-159.00 range. The possibility of BoJ intervention is...

Trademax Australia Limited, operating under the TMGM brand, a well-known provider of contracts for difference (CFDs) and margin forex trading services, has recently made an important announcement. The Australian Securities and Investments Commission (ASIC)...

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching the major resistance levels at 7.3000 and 7.3100. In the short-term...

The Bank of Japan (BoJ) meeting minutes suggest that a rate hike in July is still on the table. Despite keeping interest rates unchanged in June, the BoJ indicated a willingness to potentially raise...

Foreign exchange trading is a risky venture that may not be suitable for all investors. It involves leverage, which can increase the level of risk and potential loss. Before engaging in foreign exchange trading,...

Gold price has been on a downward trend for the past two days, hitting a one-week low during the Asian session on Wednesday. This drop can be attributed to comments made by Federal Reserve...

EUR/USD is currently in a consolidation phase after reaching 1.0667, and the short-term bias is neutral. The resistance level at 1.0760 is expected to hold, leading to a potential further decline in the exchange...

Foreign exchange trading can be risky, and it may not be suitable for all investors. It's important to understand the risks involved and to carefully consider your investment objectives, experience level, and risk tolerance...

Gold prices in India experienced a decrease on Tuesday, based on the data collected by FXStreet. The cost of Gold was at 6,236.12 Indian Rupees (INR) per gram, which was lower compared to the...

This week, the focus will be on speeches by Fed officials, with five out of eight scheduled appearances featuring hawkish members. This could push back against market expectations of rate cuts this year and...

Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially when using leverage. Before diving into forex trading, make sure to...

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other major currencies. Market activity was relatively quiet, with investors lacking...

The EUR/USD pair saw a bounce on Monday as traders took profits from the previous week's fall. Despite weaker than expected German Ifo data, the single currency gained traction due to improving sentiment on...

The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This was fueled by speculations that the Federal Reserve (Fed) might...

The USD/JPY currency pair's daily forecast shows that the intraday bias is currently on the upside. The ongoing rally is expected to reach the 160.20 high, with a possibility of extending to the 100%...

The USD/CAD pair stopped its six-day losing streak and is currently trading around 1.3700 in the Asian session on Monday. This turnaround was prompted by higher-than-expected US Purchasing Managers Index (PMI) data, which boosted...

The USD/CHF pair took a dive to 0.8825 last week before making a strong recovery. Currently, the initial bias is neutral for consolidations above 0.8825, with a bearish outlook in the near term as...

Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to be aware that leverage can increase the level of risk and potential loss. Before engaging...

The GBP/USD pair saw a significant decline last week as the Cable hit fresh lows on Friday. This bearish trend was driven by upbeat US Purchasing Managers Index (PMI) data, which boosted the US...

The U.S. stock market is being influenced by the Federal Reserve's decision on interest rates and the ongoing artificial intelligence trend. Wall Street analysts are focusing on identifying stocks with solid fundamentals and long-term...

The recent data from Eurostat has shown a rise in inflation in the Eurozone countries, reaching 2.6% in May. This increase in consumer prices led to a slight hope among euro bulls that the...

The yen has been weakening recently, with USD/JPY rising above 159.00 and approaching the year-to-date high of 160.17 from April. Despite Japan's intervention in late April/early May to support the yen, the impact has...

Silver prices experienced a significant drop, falling 3.86% due to the influence of strong US Treasury bond yields and a robust US Dollar. The current trading price for silver stands at $29.53, marking a...

Hungarian Prime Minister Viktor Orban recently expressed his views on the situation in Ukraine and Hungary's stance on NATO involvement in the conflict. He believes that Western countries' efforts to defeat Russia in Ukraine...

Apple CEO Tim Cook is urging the tech industry to come together and fight against the spread of fake news on the internet. In a recent interview with The Daily Telegraph, Cook emphasized the...

Insperity Stock Analysis: Growth Potential and Future Outlook As the labor market remains strong with a positive jobs report in May, there is speculation that Insperity (NYSE:NSP) may have reached a potential near-term peak in...

Enphase Energy, Inc. investors who purchased securities between February 7, 2023, and April 25, 2023, are being urged to seek legal counsel before the upcoming deadline of July 29, 2024. The Rosen Law Firm,...

The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias is towards further downside movement. If the key support-turned-resistance level...

The upcoming events for the week include various economic indicators from different countries. On Monday, we have the Bank of Japan releasing the Summary of Opinions and German IFO data. Tuesday will see the...

The New Zealand Dollar (NZD) versus the US Dollar (USD) pair experienced a three-day losing streak, closing the week on a negative note with the pair stabilizing at 0.6115. The outlook for NZD/USD continues...

The USD/JPY pair saw a significant increase last week, rising from 151.68 to 159.81, showing no clear signs of a peak yet. The initial bias for this week remains on the upside, with a...

The upcoming week from June 24th to June 28th is packed with significant economic events around the world. Let's take a look at some key events that will shape the global economic landscape. Starting off...

The Australian Dollar has been facing significant declines recently due to fading RBA gains and disappointing PMI data. The AUD/USD pair has been testing key support levels, with selling pressure originating from Asian markets...

Gold prices took a hit on Friday, dropping more than 1.70% as economic data from the United States led investors to rethink the possibility of fewer interest rate cuts by the Federal Reserve. The...

Gold prices took a hit today, dropping by $40 after a brief rally that had investors hopeful. The drop has reignited concerns about the chart pattern that has been forming in the gold market. Over...