Year Ahead – What Does 2025 Hold for US Dollar and Japanese Yen?

WTI futures attempt to break above crucial trendline  But their advances are constantly held down  Momentum indicators suggest a cautiously positive tone WTI oil futures (February delivery) have been on the retreat since their October peak of 89.85, breaking below consecutive support zones. Although the price has been trying to recover some ground in the last few sessions, the downward […]

Summary The European Central Bank (ECB) delivered a widely expected 25 bps cut to its Deposit Rate to 3.50% at today’s monetary policy announcement, but remained relatively cautious about the pace of future easing. The ECB said domestic inflation and wages are elevated, but that labor cost pressures are moderating. The ECB was also guarded […]

CADCHF broke key support level 0.6465 Likely to fall to support level 0.6400 CADCHF currency pair under the bearish pressure after breaking the key support level 0.6465 (which started the impulse wave C in February). The breakout of the support level 0.6465 accelerated the active impulse waves 3 and iii, which belong to the higher […]