How to Use Fibonacci Retracement with Trend Lines
We have learn in the previous lesson about the Fibonacci. Today let’s learn about how to use trendline with Fibonacci. Next Week Topic: How to Use Fibonacci Retracement with Japanese …
[NZD/JPY] Reserved Bank of New Zealand (RBNZ) Additional Rate Cut and BOJ Rate Hike Expectations
At yesterday’s Tokyo session, the Reserve Bank of New Zealand (RBNZ) cut its policy rate by 0.5%, bringing it down to 3.75%, as expected. Since the market had already priced …
[USD/JPY] BOJ Rate Hike Expectations and Trump Tariffs
During Tokyo trading hours, Bank of Japan (BOJ) board member Takata showed support for continuing rate hikes, leading to nervous market movements at first, but yen buying gradually increased. In …
[XAU/USD] Profit-Taking Sell-Off
Gold prices hit a new high as investors bought gold for safety (risk-off) after talks between the U.S. and Russia about ending the Ukraine war made no progress. Although the …
[EUR/USD] Uncertainty Due to Ukraine Situation
Germany’s January ZEW economic index was 26.0, much higher than the expected 20.0, marking the biggest increase in two years. This stopped the euro’s decline in the Tokyo market. However, …
[USD/JPY] Yen Strength Adjustment and Dollar Strength
After Japan’s GDP report, expectations of an early interest rate increase by the Bank of Japan led to yen buying. As a result, the dollar-yen rate dropped to 151.24 yen …
[XAU/USD] Uncertain Situation in Ukraine
Negotiations between senior U.S. and Russian officials have started to end the Ukraine war, but no clear results have been achieved. After the meeting, U.S. Secretary of State Rubio said, …
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Looking for a trading platform that prioritizes your needs? With Hirose, you get more than just fast execution and transparent costs. You get 24/5 customer support, clear commission structures, and …
[AUD/JPY] Reserved Bank of Australia (RBA) Rate Cut
Today, the Reserve Bank of Australia (RBA) is expected to cut interest rates by 0.25%. However, the market has already expected this, so the focus is on the official statement. …
[USD/JPY] Japan’s GDP
Early Monday morning, Japan’s GDP for January to December was higher than expected, leading to yen buying. The USD/JPY fell from around 152.50 to 151.50. Even though there was some …