This week has seen no significant changes in the market. The prevailing trend continues to favor a downward movement, as indicated by the recent performance of currency pair quotes. Notably, the quotes have dipped below the psychological level of...
USD/JPY Technical Analysis: USD/JPY is hovering around 147.50, struggling to clear the 148.00 resistance. I have been watching a descending trendline forming on the 4-hour chart, and unless we get a clean breakout above 148.00, the pair might stay...
USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
GBP/USD Technical Analysis: GBP/USD has been holding steady around 1.28, with key resistance at 1.2850 and strong support at 1.2700. If it manages to break above 1.2850, I expect a move toward 1.2900 next week. On the flip side, if it drops below...
It is assumed that the silver market records the fifth direct market deficit in 2025, while the demand again exceeds the supply and most of the existing silver reserves are not available to satisfy demand - at any price. According to the Silver...
