The USD has come a long way in a short period of time following the US election and it was already looking very stretched in terms of gains against the majors before the vote. To a large extent, the dollar’s post-election rise appears to reflect the...
The European Central Bank's decision to reduce interest rates by 25 basis points on Friday has further weakened the Euro, pushing the pair near the 1.0550 level. This downward trend, which began after the pair peaked above 1.1200 in late September,...
The Impact of Silver Price Action Our conversation is focused on the analysis of Silver's current price behavior. The quote is looking towards the south, and there are no prerequisites for changing the downward trend to an upward one. Only when...
Technical Analysis of USD/JPY Last week, the Japanese yen continued a slight decline in the rate and repeatedly reached new highs. Having broken through the level of 151.80 (finding support), the price rebounded and began a sharp move to the level...
Technical Analysis of Gold Gold prices continued to fall last trading week, and the decline accelerated significantly. After a short consolidation above the 2738 mark, the price began to fall sharply and dropped below the 2665 mark. After a small...
