USD/JPY Short-Term Outlook Current Market Sentiment The H4 chart for USD/JPY is clearly exhibiting a bearish trend, with prices consistently moving downward. Recently, the price reached a resistance level at 154.029 but has since declined....
EUR/USD Analysis: Current Market Outlook Current Trend and Price Action The EUR/USD pair is currently in an uptrend on the H1 time frame, with the price situated at 1.0414. The Relative Strength Index (RSI) is positioned below 70, indicating that...
Gold Technical Analysis and Market Outlook Gold prices entered a bearish trend today. This is mainly due to the latest US jobless claims report and its impact on market sentiment. Gold initially made a daily low of 2872, but as selling pressure...
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Markets are now nearly fully pricing in a 25-basis-point rate cut at the upcoming Federal Reserve meeting, with investors keenly awaiting Fed Chair Jerome Powell’s press conference and the updated Summary of Economic Projections (dot plot). Any...
