USD/JPY Pauses After Volatility: Assessing the Path Ahead

Global markets experienced a mixed week, influenced by geopolitical risks and US jobs data revisions. The week ahead focuses on China’s Standing Committee meeting, the US election and Central Bank Meetings. Wall Street indexes struggled, potentially due to high valuations and AI capital spend. Week in Review: US Jobs Revised Downward After Positive GDP A […]

In our previous analysis of Bitcoin’s price (dated 4 April), we: → outlined a long-term ascending channel (marked by blue lines); → noted signs suggesting a potential bearish breakout below the channel’s lower boundary. Since then, bears indeed managed to push the price (as shown by the arrow) below the channel’s lower line – driven […]

USDCAD: ⬆️ Buy USDCAD broke resistance zone  Likely rise to resistance level 1.3900 USDCAD currency pair recently broke the resistance zone located between the resistance level 1.3785 (upper border of the sideways price range from the start of June) and the 50% Fibonacci correction of the downward impulse from May. The breakout of this resistance […]