US Dollar (DXY) Market Overview The US Dollar Index (DXY) represents the value of the US dollar against a basket of major global currencies, and it remains the primary benchmark for global liquidity and macro risk sentiment. The dollar’s direction...
Technical Analysis of the USD/JPY Pair 1. Chart Description: The attached chart illustrates the technical analysis of the USD/JPY currency pair on a four-hour (H4) timeframe, showing price movements from late May to early June. The chart features a...
USD/CAD technical analysis USDCAD on the daily timeframe shows increasing bearish pressure following a convincing doji candle, signaling market indecision and allowing sellers to regain control after buyers failed to push the price toward the...
Following the positive US jobs report, the price of gold (XAU) fell on Friday and ended the week below the crucial breaking zone of $4,500. Concerns about rate hikes were heightened by the good jobs figures because the global oil crisis continued...
*Gold CFD 2-Hour Chart Analysis: $4,342.52* Gold trying to stabilize after breakdown. $4,342.52, +0.31% bounce off $4,250 area. 2h chart still bearish until $4,400 reclaimed. Price Structure May 29-Jun 4: $4,400-$4,550 range. $4,400 support held 3...
