In Tuesday's early negotiation, the euro increased an impressive rally against the US dollar, climbing to the critical area between 1.05 and 1.06, a region that I have been monitoring closely for some time. This range is particularly remarkable,...
The provided image is a 5-minute candlestick chart of GOLD from TradingView, displaying price movements with key levels and annotations such as Bear Wick and Bull Wick. Let’s break it down into different components: 1. Price Action and Structure ...
EURUSD Daily Forecast The euro rose on Monday after better-than-expected inflation data boosted sentiment towards the currency. Such high inflation data suggest that price pressures remain worrisome and could reduce the ECB’s flexibility in its...
Gold Gold prices are declining and trading around $2908 per ounce. The market attempted to break the resistance at 2925 but failed and reversed downward. Gold is approaching the 2900 support level, which intersects with the 100-period exponential...
USDJPY Daily Outlook The US dollar remains under pressure against the Japanese yen as investors assess the overall economic picture ahead of key economic data releases. Friday’s highly anticipated Non-Farm Payrolls (NFP) report will be the focus of...
