Gold prices (XAU/USD) maintained their elevated position near the $3,220 mark during early European trading on Friday, continuing to benefit from a confluence of factors. The persistent weakness of the US dollar, coupled with the escalating trade...
I find this market movement quite fascinating, especially considering that I wasn't fully expecting this growth, yet I didn't rule it out either. I had anticipated a downward move for both the pound and the euro, and I positioned myself mentally to...
EURJPY Technical Analysis – Price Action RSI The EURJPY currency pair continues to show strength on the H4 chart, having recently extended its bullish momentum above previous resistance levels. However, signs of consolidation are beginning to...
USD/JPY Technical Analysis: Short-Term Downtrend with Bearish Signals The USD/JPY pair has exhibited a downward trend, as depicted in the 4-hour chart. Currently trading at 143.472, the pair shows a decline of 0.67% in value, reflecting bearish...
Technical Analysis of the USDJPY Pair The technical analysis of the USDJPY pair on the daily chart shows a negative price close, as the price channels were broken on the daily chart. Over the past two months, the price moved in a downward wave,...