•••USD/JPY: Key Technical Levels and Market Outlook November 27,2024••• The USD/JPY pair is experiencing tight price action today, with the current buy price at 151.77 and sell price at 151.74. The narrow spread highlights ongoing consolidation,...
The USD/CAD pair is currently encountering significant resistance at the 1.4100 level, which is crucial for determining the short-term price direction. As long as the price stays below this key resistance, the outlook remains bearish. In this...
EUR/USD has only traded below parity (1.00) twice in its 25-year history. EUR/USD is in danger of falling from its almost two-year range between 1.05 and 1.12. A confirmed breakout could put the psychologically significant 1.00 level back on...
China resists Trump's pressure by strengthening the yuan The Chinese authorities are facing new tariff threats from US President-elect Donald Trump and are strengthening control over the yuan exchange rate. Immediately after the end of the US...
Gold (XAU/USD) is demonstrating a firm bullish trend, trading near $2,640 per ounce, supported by robust technical indicators and macroeconomic dynamics. The Momentum indicator at 70.425 signals strong buying interest, reinforced by the MACD Level...