Tag: Forex Trading

Trump Trade Revives Market Optimism Last week saw a resurgence of the "Trump Trade," igniting optimism across financial markets and leading to fresh record highs in US stocks. This wave of positivity was fueled by...

GBPJPY Price Forecast: Will GBPJPY Break Above 192.00?In recent days, the GBPJPY pair has shown signs of a potential bullish trend, bouncing off the uptrend line and currently hovering near the 192.00 mark. This...

2025 Forecast: US Dollar and Japanese Yen Outlook - Action ForexThe year 2025 is shaping up to be an eventful one for the US dollar and the Japanese yen, as both currencies navigate through...

Yen strength has continued to persist, supported by an increase in Tokyo's core-core inflation rate to 1.9% y/y in November. This has led to speculation that the Bank of Japan (BoJ) may hike its...

The Australian Dollar (AUD) continued to decline against the US Dollar (USD) and tested the 0.6440 support level. However, it managed to bounce back above a bearish trend line with resistance at 0.6480 on...

The AUD/USD pair continued its decline last week, falling from 0.6491. This week, the initial bias remains on the downside, with a target of 0.6421, which is the 61.8% projection of the move from...

The USD/JPY pair saw an increase from 139.57 last week, reaching a high of 156.74 before pulling back. This week, the initial bias remains neutral, and there may be some consolidation. However, a further...

The AUD/USD pair started the week on a stable note, trading around 0.6590 after experiencing a notable drop last Friday due to concerns about China's economic stimulus measures. Investors were left wanting more details...

On Monday, 11th November 2024, the FX option expiries analysis shows only one significant level to watch out for: EUR/USD at the 1.0700 level. Last week, the daily lows were supported by this level,...

Next week is packed with important economic events that could impact the global markets. On Monday, the Bank of Japan will release its Summary of Opinions. Tuesday will bring key reports including the UK...