Analytics and news of the Forex currency market
Bank of Japan intervention to strengthen the yen over the weekend in Japan
written on April 29, 2024, 8:30 am
The Japanese yen fell to a new 34-year low against the dollar early Monday but then rose sharply as traders worried that Tokyo had intervened to...
Large traders sell the EURUSD pair and see parity under the influence of fundamental and technical analysis
written on April 22, 2024, 10:17 am
Technically the pattern is Triangle! Breaking through the border of the Triangle is a movement equal to the base of the Triangle. The...
Sterling little changed after UK GDP rises for second month in a row
written on April 12, 2024, 7:46 am
Expanded manufacturing helped support the British economy in February. The sterling crowds calmed down, there was not the slightest hint on the...
In Japan, they started talking about currency interventions to strengthen the yen
written on April 8, 2024, 7:22 am
Japanese authorities may intervene in the foreign exchange market to stop the sharp fall of the yen/ Takehiko Nakao, who was vice finance minister...
1800 points on Forex profit for our subscribers and further movement of the Japanese yen
written on October 20, 2023, 1:34 pm
Forecast 1. Selling the Yen from 145 is described at the...
China worried about 5-week fall of yuan against dollar
written on August 18, 2023, 12:23 pm
The dollar slipped on Friday but remains set for a fifth consecutive week of gains in its longest winning streak in 15 months, fueled by demand for...
Technical picture for the EURUSD pair in the Forex currency market
written on August 1, 2023, 8:09 am
The euro weakened against the US dollar last week. However, the broader technical bullish EUR.USD remains in place. This is because on...
SEC asks Coinbase not to trade cryptocurrencies other than Bitcoin
written on July 31, 2023, 7:44 am
The U.S. Securities and Exchange Commission (SEC) has asked Coinbase (COIN.O) to stop trading in all cryptocurrencies other than bitcoin, CEO Brian...
Technical analysis of the Japanese yen and the USDJPY currency pair
written on July 17, 2023, 11:27 am
Our previous technical forecast for the Japanese yen and the USDJPY currency pair was absolutely correct and worked 100% correctly. Link...
Forecast and analysis of EURUSD and EURGBP pairs in the Forex currency market
written on July 13, 2023, 12:14 pm
The latest US inflation report showed that price pressures have eased more than expected, a much-needed boost for the Federal Reserve as they...
Technical analysis on USDJPY and the possible start of interventions by the Bank of Japan
written on June 28, 2023, 9:40 am
Analysts say BOJ intervention to buy the yen is likely if USDJPY trades in the 145-150 range. They note that the current policy of the Bank of...
Euro under pressure amid bad news from France and Germany
written on June 23, 2023, 8:59 am
Strong level 1.0805 The euro and eurozone government bond yields tumbled on Friday after economic data showed French business activity fell...
British pound falls on UK inflation data
written on June 21, 2023, 9:07 am
KEY INFLATION INDICATORS IN THE UK: Core inflation rate y/y (May) actual 7.1% against forecast 6.8%. Inflation rate y/y (May) actual 8.7%...
The yen continues to fall as the Bank of Japan adheres to the policy of economic growth
written on June 16, 2023, 2:32 pm
Bank of Japan Governor Kazuo Ueda has vowed to maintain ultra-low interest rates while downplaying inflationary risks. The USDJPY rose at the...