THE CURRENCY PAIR GBP-JPY The configuration of the Heiken Ashi candles, together with the signals of the TMA (Triangular Moving Average) and RSI indicators for the selected currency pair or instrument, makes it possible to conclude that the market...
US West Texas Intermediate (WTI) crude oil prices took a tumble on Tuesday, falling below $80.50 after briefly touching $81.50. This decline stemmed from a combination of factors. First, optimism lingered in the market that crude oil stockpiles...
On NZD/USD on Friday, after a slight northward pullback, the price reversed and continued to push southward, resulting in the formation of a bearish reversal candle that was able to renew the previous day's low with its southern shadow. As I have...
Strengthening the US Dollar and Increasing Treasury Yields: Gold prices have recently fallen by 0.59%. This decrease is due to the US dollar getting stronger and Treasury yields increasing. A stronger US dollar makes gold more expensive for those...
Yesterday's American economic data release was met with a surprising shrug by the market. The numbers themselves were a bit underwhelming, suggesting some weakness in the US economy. However, this didn't stop the US dollar from continuing its upward...