As traders await the publication of United Kingdom (UK) Retail Sales data, the GBP rises against the USD and breaks over the 1.2600 mark on Thursday. In the meantime, the US dollar declined due to a dismal US jobs report. The GBP/USD exchange rate...
Current Situation of Silver and Gold Market: Key Levels and Price Action On Friday, both gold and silver exhibited bearish movements, which typically occur in tandem. Analyzing the silver chart, I have marked upper and lower levels that represent...
Technical analysis of XAUUSD I chose gold for technical analysis today, and the target market price is currently in a downtrend. It helps prices drop train lines. This trend line helps gold prices fall. The price of gold broke through the support...
USD/JPY Outlook: A Comprehensive Analysis The USD/JPY currency pair has maintained its bullish trend, primarily bolstered by the strength of the U.S. Dollar and the dovish monetary policy of the Bank of Japan (BoJ). This analysis will cover both...
Money Flow Index (MFI) The Money Flow Index (MFI) is a momentum indicator used in forex and other financial markets to measure buying and selling pressure based on both price and volume. It's similar to the Relative Strength Index (RSI) but...
