Market Fundamentals: The People's Bank of China (PBOC) unexpectedly stopped its yellow metal investments, marking the third consecutive month it refrained from increasing its reserves. As the largest global producer and consumer of yellow metal,...
USD / JPY: Trading Road Map The price hit the 157.33 level yesterday, indicating the power of the bulls of USDJPY. The sharp upward movement highlights the dominance of buyers in recent trading sessions. But it is time to pull back, as the market...
NZD / USD: My Trading Recommendation My recommendation for the NZDUSD market is that we should go in an upward direction. The price hit the oversold level of 0.5603 yesterday, signaling a potential reversal in the pair. Based on technical...
GBP / USD: An Hourly Time Frame Recommendation This week is very bad for the buyers of GBPUSD as they are consistently losing their position. Yesterday, the investors watched another downturn and the market hit the 1.2390 level. Thus, the bearish...
EUR / USD: An Hourly Time Frame Recommendation The bulls of EURUSD are losing their value because the USA Financial Department released positive news data earlier this week. A reversal in the EURUSD pair’s trajectory occurred as bearish pressure...