USD/JPY Technical Analysis: Bearish Momentum and Key Levels Overview The USD/JPY currency pair has demonstrated a strong bearish move recently, breaking through a significant support level at 153.74, which has now turned into resistance. As the...
Date: 5th February 2025. Stock Market Drops as US-China Trade War Escalates; Gold Hits Record High. US Dollar Weakens Amid Market Uncertainty * The US dollar continued to weaken, extending Tuesday’s 0.7% drop following disappointing US jobs data. *...
I've noticed that the instruments are starting to create conditions for growth. Observing the price action, I saw that it pierced a local maximum but subsequently fell back below that level without updating the last minimum. This price movement...
"Golden" Peaks: The Shine of Gold Continues Gold has once again delighted its investors by reaching a new record high. The precious metal is benefitting from the tense geopolitical climate caused by the ongoing trade tensions between the U.S. and...
Although the current trading period has concluded, I am eager to see what the indicators suggest for the next session. The oscillators remain neutral, providing no clear directional bias, yet the moving averages strongly indicate that exiting the...