Economic data from both Europe and the U.S. remains relatively sparse, with market sentiment heavily influenced by the latest trade war rhetoric from U.S. President Donald Trump. Traders are particularly cautious ahead of tomorrow's release of the...
On the weekend, you can analyze the forex market and in particular the US dollar yen USD/JPY currency pair. On the hourly chart, there was an interesting growth this Friday. From the opening of the day, the price went down to 144.55, then there was...
The currency pair in question is currently exhibiting bearish characteristics, as it trades below its key moving averages, which generally indicates a continuation of downward pressure. The positioning below the moving averages suggests that sellers...
The provided chart displays the price movements of silver (XAG/USD) over a specific period, with key price levels and corresponding dates. The data shows that silver opened and closed at 29.695, with a high of 29.695 and a low of 29.530, indicating...
Concerns about China’s economic growth are beginning to weigh on silver demand, as the country remains one of the largest consumers of the precious metal. Recent data revealed a surprising contraction in China’s manufacturing activity, with the...