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Analysis of USD/JPY Price: Bulls Aim to Test Crucial Resistance at 132.60, with Attention on 50% Reversion and Support Levels

The USD/JPY currency pair has been on a bullish run since the beginning of the year, with the pair currently trading at 131.50. The bulls are aiming to test the crucial resistance level at 132.60, which is a key level to watch in the coming weeks.One of the key factors driving the bullish momentum in the USD/JPY pair is the improving economic outlook in the United States. The US economy has been showing signs of recovery, with strong job growth and rising consumer confidence. This has led to expectations of

Weekly News Roundup for March 22, 2023: Stay Up-to-Date with the Latest Developments

As the world continues to evolve, it is important to stay informed about the latest news and developments. This is especially true in today's fast-paced digital age, where information is constantly being disseminated through various channels. To help you stay up-to-date, we have compiled a weekly news roundup for March 22, 2023.1. COVID-19 UpdateThe COVID-19 pandemic continues to be a major concern for people around the world. As of March 22, 2023, there have been over 400 million confirmed cases and over 7 million deaths globally. While some countries have

Euro Continues to Rise as Market Turmoil Subsides: EUR/USD Update

The Euro has been on a steady rise against the US dollar in recent weeks, as market turmoil subsides and investors regain confidence in the global economy. The EUR/USD exchange rate has climbed from around 1.17 in early August to over 1.19 at the time of writing, marking a significant increase in value for the Euro.One of the main factors driving this upward trend is the easing of tensions surrounding the ongoing trade dispute between the US and China. While the two countries have yet to reach a formal agreement,

USD/INR aims for multi-tested resistance at 83.00 as it awaits the Fed’s decision.

The USD/INR currency pair has been on a steady rise over the past few weeks, with the pair currently trading near multi-tested resistance at 83.00. This level has been tested multiple times in the past, but has yet to be broken. As the market awaits the Federal Reserve's decision on interest rates, the USD/INR pair is likely to remain volatile.The USD/INR currency pair is the exchange rate between the US dollar and the Indian rupee. The Indian rupee is the official currency of India, while the US dollar is the

USD/INR aims to break multi-tested resistance at 83.00, with anticipation for Fed’s decision.

The USD/INR currency pair has been on an upward trend since the beginning of 2021, with the exchange rate currently hovering around 73.50. The pair has been testing the resistance level at 83.00 multiple times over the past few months, and traders are now anticipating a potential breakout.One of the key factors driving the USD/INR exchange rate is the upcoming decision by the US Federal Reserve on its monetary policy. The Fed is expected to announce its decision on interest rates and other monetary policy measures on September 22nd. Traders

USD/INR aims for multi-tested resistance at 83.00 and anticipates Fed’s verdict.

The USD/INR currency pair has been on a rollercoaster ride in recent months, with the Indian rupee gaining strength against the US dollar. However, the pair is now eyeing multi-tested resistance at 83.00, which could prove to be a crucial level for its future direction.The Indian rupee has been one of the best-performing emerging market currencies in 2021, thanks to a combination of factors such as a strong economic recovery, a decline in COVID-19 cases, and a surge in foreign investment inflows. This has led to a rally in the

USD/INR aims for 83.00 resistance level with multiple tests, anticipating the Fed’s verdict.

The USD/INR currency pair has been on a steady upward trend in recent weeks, with multiple tests of the 83.00 resistance level. This trend is largely driven by anticipation of the Federal Reserve's verdict on interest rates and the overall strength of the US economy.The Federal Reserve is expected to announce its decision on interest rates in the coming weeks, and many analysts are predicting that the central bank will raise rates for the first time in several years. This would be a significant shift in monetary policy, and it

Bitcoin Cash Price Analysis: BCH Lags Behind BTC During Safe-Haven Rush

The cryptocurrency market has seen a surge in activity in recent weeks, as investors flock to digital assets in search of safe-haven investments. Bitcoin (BTC) has been the biggest beneficiary of this trend, with its price rising to new all-time highs. However, Bitcoin Cash (BCH) has lagged behind its older sibling, despite the fact that it is also a major cryptocurrency. In this article, we will take a look at the recent price action of BCH and analyze why it has failed to keep pace with BTC. First, let's take

AUD/USD Exchange Rate Struggles to Rise Above 0.6700 as USD Selling Offers Some Relief

The AUD/USD exchange rate has been struggling to rise above 0.6700 in recent weeks, as the US dollar has been selling off. This has offered some relief to the Australian dollar, which has been under pressure due to a weak domestic economy and a strong US dollar. The AUD/USD exchange rate is currently trading at around 0.6690, down from its recent high of 0.6720 in mid-July. The pair has been unable to break through the 0.6700 level, despite the US dollar selling off in recent weeks. This is due to

AUD/USD Exchange Rate Struggles Near 0.6700 as USD Selling Offers Some Relief

The AUD/USD exchange rate has been struggling near the 0.6700 level in recent weeks as the US dollar has been selling off. This has offered some relief to the Australian dollar, which has been under pressure due to a number of factors. The AUD/USD exchange rate is a measure of how many US dollars it takes to buy one Australian dollar. In recent weeks, the exchange rate has been hovering around the 0.6700 level, which is a level that has been seen as a key support level for the Australian

Yen Strengthens Ahead of Federal Reserve, Swiss National Bank, Bank of England Meetings and Purchasing Managers Indexes

The value of the Japanese yen has been strengthening ahead of the upcoming meetings of the Federal Reserve, Swiss National Bank, and Bank of England, as well as the release of Purchasing Managers Indexes (PMIs). This is due to investors looking for safe-haven assets in the face of global economic uncertainty.The Federal Reserve, Swiss National Bank, and Bank of England are all scheduled to meet in the coming weeks to discuss their respective monetary policies. These meetings are likely to have a significant impact on the global economy, and investors

Yen Strengthens Ahead of Federal Reserve, Swiss National Bank, Bank of England Meetings and Manufacturing PMI Releases

The Japanese yen has been strengthening ahead of the upcoming meetings of the Federal Reserve, Swiss National Bank, and Bank of England, as well as the release of the manufacturing Purchasing Managers’ Index (PMI). The yen has been on an upward trend since the beginning of the year, and this trend is expected to continue as investors await news from these important events.The Federal Reserve, Swiss National Bank, and Bank of England are all expected to make decisions on monetary policy in the coming weeks. Investors are closely watching these