THE SINTRA SQUEEZE: EUR/JPY COILS AT 184.20 AS SEXTANT CEILINGS AND TOKYO INTERVENTION ALARMS MUZZLE EURO CORRECTION The EUR/JPY currency cross registered a localized, short-covering recovery during Monday’s early European operational segment,...
Gold 1-Hour Analysis: On Thursday, gold runs into the new supply after failing to capitalize on the recovery move from the previous day's $3980.96 support zone. The XAU/USD fell throughout the early European session and is currently trading at the...
USD/CAD continues to trade with a firm tone, extending its recovery as the pair holds comfortably above the 1.4230 region during Tuesday's European session. While price action has slowed after the latest rally, the broader structure still favors...
XAU/USD 4H Analysisescending Wedge Signals a Potential Bullish Reversal The 4-hour XAU/USD chart highlights a descending wedge pattern, a formation that often appears near the end of a bearish trend. After weeks of lower highs and lower lows, price...
Technical and Fundamental Analysis of the EUR/USD Pair EUR/USD trades near 1.1396 after surrendering part of its recent recovery and slipping back below the 1.1400 psychological handle, reflecting renewed demand for the U.S. dollar and a...