Yen primed for multi-year rally – BCA Research

Yen primed for multi-year rally – BCA Research
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Yen primed for multi-year rally – BCA Research
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Key Highlights EUR/USD declined further below 1.1600 and tested 1.1545. A major bearish trend line is forming with resistance at 1.1700 on the 4-hour chart. GBP/USD extended losses below 1.3400 and 1.3360. Gold is consolidating gains above the $4,000 pivot level. EUR/USD Technical Analysis The Euro started a major decline below 1.1650 against the US…
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1321 as compared to the previous day’s fix of 7.1287 and 7.1871 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate…
USD/JPY – 15.11.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
2025.12.12 2025.12.12 USD/CHF: Elliott Wave Analysis and Forecast for 12.12.25 – 19.12.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8085 with a target of 0.7700 – 0.7500. A sell signal: the price holds below 0.8085. Stop Loss: above 0.8120, Take Profit:…
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Fed Faces Dilemma Ahead of October 29 FOMC Meeting Data Accuracy With the next Federal Reserve (FOMC) decision scheduled for October 29, policymakers are facing an unusual challenge: the government shutdown has delayed critical economic data, leaving the Fed “flying blind” just weeks before its next interest rate call. At the September meeting,…