Weekly Analysis: Bullish Outlook for Gold Short-Term Technical Outlook Gold's short-term technical outlook remains bullish. The daily chart indicates that the RSI (Relative Strength Index) is nearing 70, suggesting that gold could continue to rise...
GBP/USD Market Outlook Greetings and Good Morning guys! According to the current market sentiment, I prefer a sell position on GBP/USD with a short target of 1.2372 ahead, as the pair remains under bearish pressure. The overall market sentiment of...
The Japanese Yen (JPY) continued its downward trajectory during the European trading session, weighed down by concerns that Japan could become a target for US tariffs. This concern, coupled with a slightly stronger US dollar, allowed the USD/JPY...
USD/JPY As of today, USD/JPY is showing some interesting movements, shaped by both technical signals and fundamental drivers. Technical Analysis: I’ve noticed that USD/JPY recently broke below its 50-day moving average, hinting at potential bearish...
Until the end of last week, the Euro failed to consolidate over the trend lines of price channels and retreated back under the red descending channel line in the weekly chart. This price movement suggests that after closing the introductory gap, if...
