BofA cuts USD/JPY forecast for end-2026 on improving yen outlook

All eyes and ears were on the U.S. CPI release… which didn’t really cause much of a ruckus in the markets. Crude oil, however, caught a massive 3% win for the day. Read on to find out why! Headlines: Japan’s producer prices rose from 2.6% to 2.8% year-on-year in September instead of dipping to the…

By RoboForex Analytical Department  EUR/USD dropped to 1.1110 on Tuesday, with the US dollar surging by over 1% in the previous trading session. The rally was driven by market reactions to news of a provisional agreement between China and the US to reduce tariffs, which helped alleviate global recession fears. Key factors driving EUR/USD movement…

Comprehensive Review of StableEdge EA The foreign exchange (forex) market is vast, and automated trading systems, or Expert Advisors (EAs), have gained immense popularity in recent years. StableEdge EA, a new player in this arena, claims to provide a professional solution for trading indices like US500, US30, and NAS100. This article presents an in-depth review…

The USD/JPY chart shows that yesterday (3 October), the price slightly surpassed the 147.230 level, marking the highest point since 3 September. This is significant as it indicates a new swing high, identified by the ZigZag indicator (in purple), which hasn’t been seen in months. Bullish arguments for the USD/JPY chart today: → The price…