Let’s consider the chart of the D1 period - the EURJPY currency pair. This week has given none movements yet, they have been sawing in place. But in general the price is being pressed down along the general downward trend. Here, the wave structure...
Gold Dips as Dollar Strengthens – What’s Next for XAU/USD(February 28,2025)? Market Sentiment: Caution Takes Over The excitement in gold is cooling off as traders take a more cautious stance. Profit-taking is in play, with some investors cashing in...
AUDUSD Daily Time Chart Analysis The AUD/USD pair fell sharply in the second half of the year and failed to maintain its momentum. Initially, prices rose, indicating buying interest. However, it faced high competition and fell below the line. The...
General Points about AUD/USD: Right now, AUD/USD has reached 0.6200, which proves that sellers are getting stronger. The downward movement in AUD/USDD reflects the dominance of bearish sentiment, driven by various factors, particularly the...
Market Fundamentals: The ongoing political uncertainty in France, rising tensions in South Korea, and escalating geopolitical risks in the Middle East have increased demand for safe-haven assets, bolstering the Japanese Yen (JPY) against the U.S....