GBP/USD H4 ANALYSIS. Thanks for reading! The linear regression channel is trending upward on the 4-hour chart, indicating that buyers want to reach the 1.26939 level. There is a chance to purchase. Obviously, it would be smarter to hold on until the...
The EUR/JPY exchange rate has been on an upward trajectory, with a strong bullish candlestick formation observed yesterday. This candlestick not only settled above the previous daily high of 170.322 but also surpassed a key resistance level. Given...
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...
Recently, there was a notable breakout of sellers when the price rose above the 2330 mark. This breakout was significant because it indicated a potential shift in market sentiment from bearish to bullish. However, the excitement was short-lived....
USD/JPY Monday, the day for the dollar and yen passed with a decline. The price tested support 158.986, it tested resistance 159.733. The day closed below these marks, when the price tests resistance, tests support and remains between levels, then...