The GBP/JPY currency pair experienced a decline during Wednesday's European trading session, hovering around the 193.30 level. This downturn reflects the strengthening of the Japanese yen against other currencies, fueled by growing market...
Technical analysis of XAUUSD If you look at the gold h1 time frame, the market price is in an uptrend, and gold is rising. Gold prices are in an ascending channel, and prices should break out of the channel bottom at 2777. Gold is currently in an...
Market Fundamentals: The Canadian Dollar (CAD) is set to be influenced by the upcoming Bank of Canada (BoC) policy meeting, where the central bank is widely expected to implement another 50-basis-point interest rate cut, bringing rates down to...
On Friday, I noticed that the instrument started forming conditions for growth. I saw the price pierce the local maximum, and although it returned below that level, it did not update the last minimum. I believe this price movement signals the...
#EUR/USD Bears seized the initiative after another statement by the US President. He fulfilled his commitments and yesterday signed a decree on imposing additional tariffs on Canada, Mexico and China. The tariffs will come into effect on Tuesday....
