The GBP JPY price breaking through the 200-day moving average suggests the possibility of further decline. This could be a signal to enter a sell position, especially if the price continues to fall below the 200-day moving average. When the price...
Gold prices demonstrated resilience on Friday, extending their winning streak to four consecutive days despite a robust U.S. Nonfarm Payrolls report. While the strong job market data initially dampened investor sentiment, leading to a sharp decline...
The AUD JPY pair's price showed a downward trend last week, despite briefly rising above the 99.00 psychological level. The ongoing downward movement was able to drop below the 67.00 psychological level, with a price decline of more than 200 pips....
TRADING CHART ON EUR USD H1. The EUR/USD H1 chart provides a comprehensive view of the recent market dynamics, revealing a persistent bearish trend that has developed over the observed period. This trend is clearly defined by a downward-sloping...
The GBP/USD pair continued its downward trajectory for the third consecutive trading day on Thursday, hovering near the 1.2360 mark during the Asian session. A technical analysis of the daily chart reveals a prevailing bearish sentiment, with the...
