The GBP/JPY currency pair remains in a strong downtrend, with current price action suggesting a potential decline between 102 and 151 pips based on technical indicators. The pair continues to struggle below its key resistance at 189.51, reinforcing...
Stronger-than-expected Canadian labor market data has tempered expectations for near-term interest rate cuts by the Bank of Canada (BoC). Employment surged by 91,000 in December, the largest gain since January 2023, while the unemployment rate edged...
Current Market Overview Today’s daily chart for the EUR/USD currency pair presents an intriguing market scenario. The current price is approximately 1.0459, indicating that the price is moving within a specific range. Key resistance is observed at...
Crude oil Daily Forecast Crude oil prices are currently facing significant downside pressure. A recent study of crude oil prices has shown that crude oil prices are struggling to maintain their momentum after peaking at $78 per barrel in early...
Gold Daily Time Chart Analysis Gold (XAU/USD) is currently trading around $2,936 after showing a slight decline from recent highs and is in a strong uptrend. Continued investor demand, inflation concerns, and geopolitical uncertainty have fueled...
