The daily chart of EUR/USD reveals a bearish bias in the Ichimoku Cloud (Kumo), which has shifted decisively to the downside, indicating sustained selling pressure. The cloud’s structure is forming descending steps at a steep angle, reinforcing the...
The AUD/JPY pair continued its downward trajectory on Friday, settling near the 94.30 level after the European session and inching closer to the lower boundary of its intraday range. The sustained selling pressure underscores the growing bearish...
Gold Spot Price: Current Trends and Analysis The Gold Spot price against the U.S. Dollar is currently trading at $3,089.67, showing a modest increase of 0.14%. This 4-hour chart highlights a strong bullish trend that has developed over the past few...
The British pound experienced downward pressure against major currencies during North American trading session, a direct consequence of Chancellor Rachel Reeves' Spring Statement. The core of this statement revolved around fiscal consolidation, with...
I have been closely monitoring EUR/USD on the H4 chart using the Ichimoku indicator, and the situation is getting interesting. The Ichimoku Cloud has entirely shifted to a bearish structure, actively reinforcing the downside. I can see that Kumo is...
