Gold prices experienced a decline on Thursday as investors digested the latest US jobless claims data and anticipated the release of November's non-farm payrolls report. A rise in US Treasury yields, fueled by reduced expectations of a Federal...
Looking at the daily chart, I can clearly see the increasing strength of the buyers. This is evident from bearish candles with large shadows below, forming pin bars as the price approaches the resistance zone. These bars suggest that the price is...
GBP/USD Analysis After a slight increase on Tuesday and Wednesday, the GBP/USD rate continued to rise, reaching its highest level since November 12 at 1.2770 on Thursday. Despite a small decline during early European trading on Friday, the pair...
Advanced Chart Patterns: USD/ JPY We will discuss the current state of the USD/ JPY currency pair's price behaviour review. The buyer has started to reverse; the buyer's resumption did not go so well. I'm afraid that the breakout will happen in the...
NZD / USD: An hourly time frame recommendation The price of NZDUSD is pulling back on the bullish track. But the bears are not weak at all. Thus, the bearish scenario might continue today. Also, news data can change the NZDUSD market after some...