Gold Technical Analysis and Market Outlook Gold prices entered a bearish trend today. This is mainly due to the latest US jobless claims report and its impact on market sentiment. Gold initially made a daily low of 2872, but as selling pressure...
EUR/USD Daily Technical Analysis EUR/USD experienced selling pressure yesterday, as the price faced rejection from the $1.04400 level and closed at $1.03980. Today’s price action shows a further decline toward $1.03500, a key support level, where...
Today's Analysis: EUR/JPY Outlook In my analysis of the EUR/JPY currency pair, I've observed several key technical indicators and price movements that suggest a potential downward trend, despite some signals that might indicate short-term growth....
The Bank of England (BoE) is widely expected to cut interest rates by 25 basis points (bps), bringing the rate down to 4.75%. Among the nine members of the Monetary Policy Committee (MPC), a majority of seven are anticipated to vote in favor of this...
USDCAD Daily Chart Analysis – A Comprehensive Overview The USDCAD currency pair is currently at a crucial juncture, having recently tested the significant resistance level at 1.4470. If this level is breached, the next target could be as high as...
