The Australian dollar began the session with a lower notable gap, but the merchants quickly raised the prices up to fill that void. This movement has put the 50 -day exponential mobile average (EMA) in an acute approach, since it is now around the...
EUR/ USD Price Watch In early January, EUR/USD moved in a fairly stable range before finally experiencing a sharp decline. I observed an increasingly dominant selling pressure pattern, especially after the price failed to break through the...
Current Account Balance in Japan The Ministry of Japan recently reported a significant decrease in the Current Account balance, which stood at 1,077.3 billion Yen. This figure is notably lower than November’s reading of 3,352.5 billion Yen,...
The AUD/USD currency pair has been displaying a clear bullish tendency, as evidenced by its ability to hold above the crucial pivot level of 0.6265. This level serves as a key inflection point that determines whether the pair will sustain its...
GOLD The pair was trading in an ascending trend channel. The lower boundaries of this trend channel were broken, the pair returned back to the range. After that, it broke through the upper boundaries of the trend channel. Near the resistance of...
