he price action of gold (XAU/USD) on the hourly timeframe (H1) reveals a strong upward trend, with the metal trading near the $2,700 level. This price reflects significant bullish momentum, likely driven by heightened demand for safe-haven assets or...
PAIR REVIEW USDJPY Hello! Before jumping up at starting next week, USD/JPY squats to gain buy positions at a price around 155.520. I will assume that today the pair will continue to decline to the lower line of the ascending daily channel to the...
The NZDJPY pair's price movement had consolidated around the SMA 200, acting as a dynamic resistance, suggesting the potential for a bullish trend change. However, the upward rally from the low price of 87.01 had to halt after reaching a high of...
EUR/USD Technical Analysis: EUR/USD is consolidating around 1.0870, and I’m seeing mixed signals on the charts. Support Levels: 1.0850, 1.0820 Resistance Levels: 1.0900, 1.0935 Indicators: The 50-day SMA is holding near 1.0855, acting as a key...
•••USD/JPY: Navigating a Shifting Landscape(January 17,2025)••• • The USD/JPY currency pair is experiencing notable movement today, as traders digest a blend of economic data, central bank decisions, and shifting market sentiment. Let’s break down...
