Downward

Share: EUR/JPY experienced a downturn, touching a five-day low of 161.77. Technical analysis reveals that…

Hey there, trading aficionados! Today, we’re diving into the world of forex with EUR/CAD as our star of the show! So, let’s roll up our sleeves and dissect the price action on the 1-hour chart, where things have been quite interesting…

Australian central bank leaders believe that higher interest rates and rising costs of living will continue to put unprecedented pressure on households and, as a result, on consumption, while per capita output will decline in…

Share: The EUR/JPY traded in the red below the 159.00 area after five consecutive days of gains. The cross…

Share: EUR/USD experienced losses during Friday’s North American session, reaching 1.0975 from a daily high…

Share: AUD/JPY trendline suggests a neutral to downward bias as the pair struggles to break the Kijun-Sen…

USD/JPY AND GBP/USD OUTLOOK:USD/JPY deepens its decline as U.S. Treasury rates extend their downward correctionSofter-than-expected U.S. CPI and PPI data weigh on bond yieldsMeanwhile, GBP/USD blasts higher, rising to its best levels…

BANK OF CANADA DECISION KEY POINTS:Bank of Canada raises its overnight rate by 25 basis points to 5.00%, in line with expectationsThe monetary authority warns that progress on the inflation front will be slower going forward, implicitly…

GOLD PRICES FORECAST:Gold prices slide, pressured by soaring U.S. Treasury ratesNominal yields jump as strong U.S. economic data strengthens the case for additional monetary tighteningU.S. jobs data on Friday could reinforce XAU/USD’s…

EUR/USD ANALYSIS:EUR/USD plunges on Wednesday, reaching its lowest level since March 17Softer-than-expected inflation data in several countries in Europe, together with broad-based U.S. dollar strength, weigh on the common currencyThis…