The chart presents the XRP/USD futures price action on the H1 (hourly) timeframe. It utilizes Bollinger Bands and the Stochastic Oscillator (5,3,3) as indicators to analyze price movements and potential trade opportunities. Examining the price...
Gold H4 Analysis The price of gold has seen a significant decline during the observed period and has shown both bearish and bullish trends. The market initially saw a sharp decline, but then a red candle appeared, confirming the selling pressure....
The Australian Gross Domestic Product (GDP) data for Q4 2024, set for release on Wednesday, is expected to reflect modest economic growth. Market consensus anticipates a 0.5% quarter-on-quarter (QoQ) expansion, improving from the previous quarter’s...
USDJPY Daily Outlook The US dollar remains under pressure against the Japanese yen as investors assess the overall economic picture ahead of key economic data releases. Friday’s highly anticipated Non-Farm Payrolls (NFP) report will be the focus of...
EUR/USD extended its rally on Tuesday, reaching new yearly highs around 1.0560, as the US Dollar (USD) weakened significantly ahead of President Trump’s address to Congress. The USD’s decline was fueled by ongoing trade tensions and market...
