EURJPY 4-Hour Analysis: A significant indication of selling pressure and bearish sentiment pushing prices below 174.892 would be the 50% Fibonacci retracement level of the downward correction at the previous support level at 175.592, where EURJPY is...
EURUSD H4: 1 - The euro is attempting to break out toward the lower band on the 4-hour chart. To get a reliable signal for a price decline, it's worth waiting for another active touch of the lower band and then assessing whether the bands will open...
GBP/USD H-1 Technical Analysis Market Trend The H1 chart of GBPUSD shows a clear bullish market structure from the sharp decline on 14 October. Price established a low near 1.31485 and then formed a series of higher highs and higher lows through 20...
USD/CAD pared its earlier decline on Friday as the US dollar rebounded from a three-week low, though the recovery looks more like a pause than a reversal. The pair had slipped to 1.4013, its weakest level in a month, before stabilising near 1.4000,...
Gold prices (XAU/USD) fell sharply in early Asian trading on Friday, hitting a multi-month low near $4,025 an ounce. Escalating geopolitical conflicts in the Middle East and a sharp rise in oil prices fueled market concerns that energy prices could...
