Last week, the Bank of Japan showed a more hawkish stance, which led to strong selling of gold. Although there was some buying back afterwards, U.S. long-term interest rates rose …
We have learnt about Moving Average (MA) to combine with Support and Resistance strategy in last week. So today we will take a look closer a bit about Moving Average …
The October HICP (Harmonized Index of Consumer Prices) for the Eurozone was released yesterday at 2.0%, above the expected 1.9%, marking the first increase in three months. This drove the …
The Bank of Japan (BOJ) removed the phrase ‘ample time’ from its statement, signaling a firmer stance on raising rates. After hitting a high of 153.60 yen, the USD/JPY fell …
Gold has been reaching new high prices every day recently. In the Tokyo market, gold hit a record high of $2,801, but yesterday, prices started to fall. This drop was …
In today’s Bank of Japan (BOJ) meeting, it is expected that the policy interest rate will remain unchanged. However, with the recent yen weakening, there is a chance that the …
Yesterday, GDP for key European countries such as Germany and France for the July-September period exceeded expectations, leading to increased buying of the euro. This pushed EUR/USD up to the …
Australia’s Consumer Price Index (CPI) for July-September was announced yesterday at 2.8%, lower than the forecast of 2.9% and a significant drop from last month’s 3.8%. Although the Reserve Bank …
Yesterday in the Tokyo market, the USD/JPY started with a drop to 152.77 yen. However, as U.S. long-term interest rates rose, the dollar moved up over 1 yen to 153.86. …
The Euro rose to 1.0826 as U.S. long-term interest rates fell from the Tokyo session to the European session. However, as U.S. interest rates went back up, the Euro dropped …
