Shorting gold or buying it at current prices does not present an optimal opportunity for short sellers. The reason is that once the initial impulse wave to the upside concludes, the prevailing downtrend will be broken. Therefore, if prices fail to...
NZD/JPY is currently positioned at a crucial juncture where the price action is closely tied to key technical levels that will determine the near-term direction of the pair. The identified pivot point at 86.27 serves as a significant threshold, and...
GBP/USD Well, I see a perfect reversal to the north from the support zone 1.2271-1.2143. I really didn't go into buying here for one single reason - this is a weekly chart. Most likely, I would have had to sit in buying for a long time, by long I...
USD/CHF PAIR REVIEW Price of currency: USD/CHF If you look at the market's travel pattern for the past few days, I think the bearish trend may still be able to continue considering that the price has fallen past the 100-period simple moving average...
Federal Reserve Bank: rates will remain unchanged in the near future The heads of the Federal Reserve Banks of Boston and Atlanta, Susan Collins and Rafael Bostic, believe that given the uncertainty in the US economy and politics, there should be no...