The currency pair has faced a sharp decline, dipping to approximately 1.0210 during Friday's American session, marking its lowest point in over two years. This drop follows key economic developments that have significantly hindered any bullish...
Forecast of Gold The price often moves more slowly on Friday's than on other trading day's, so I wasn't prepared for such a violent movement on the last trading day. Since the final candle of the H4 time frame chart is a robust bullish pin bar, I...
EUR/USD Sentiment Update The EUR/USD market experienced significant volatility following the release of key US economic data such as Average Hourly Earnings (Average Monthly Wages), Nonfarm Payrolls Change, and the Unemployment Rate. These reports...
The Pound Sterling (GBP) is at a pivotal moment, nearing the lower boundary of a Rising Channel chart formation on the daily timeframe. This technical pattern signals a critical point for GBP/USD traders, as the currency pair could face sharp...
The Bank of Japan (BoJ) is in the midst of a difficult battle to reverse the two-year downward trend of the Japanese Yen. Despite deploying numerous policy tools, including aggressive interventions and adjusting interest rates, the BoJ has yet to...