Tag: Forex Trading

USD/JPY Rebounds Strongly, Targets 156.74USD/JPY saw a robust rebound last week, indicating that the correction from 156.74 has likely ended at 148.64. This development has set the stage for a bullish bias this week,...

Sterling Plummets: GBP/USD Daily ForecastIn a dramatic turn of events today, the British Pound (GBP) took a nosedive against the US Dollar (USD), leaving traders and analysts reeling from the unexpected downturn. The GBP/USD...

ECB Decision: A Closer Look at the Dovish 25 Basis Point CutIn a significant move that has sent ripples through financial markets, the European Central Bank (ECB) recently made a decision to cut its...

EUR/USD Forecast: Daily Analysis and PredictionsThe EUR/USD currency pair has been making waves in the forex market, with traders eagerly anticipating its next move. Let's delve into the latest analysis and predictions to gain...

EURUSD Technical Analysis: Key Levels and Trends for Trading on 9th DecemberOn the 9th of December, traders and investors are closely watching the EURUSD chart for key levels and trends that could impact their...

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...