The Euro dropped against the Japanese Yen on Friday due to a combination of political and economic factors. In France, the centrist Ennahda Party, facing low approval ratings after unpopular reforms, announced snap elections fearing a far-right...
Crude Oil Price Action Review The current topic of discussion is the Crude Oil price behaviour analysis. Yesterday, oil continued to consolidate at around 78.0. The upper wicks on the daily candles indicate resistance, suggesting a possible...
The USD/JPY currency pair has several important resistance and support levels that traders should closely watch. Currently, the high resistance level is 157.13, with another significant resistance at 155.76. These levels have proven to be strong...
AUD/ USD: How to Use Indicators and Signals Our conversation revolves around the real-time evaluation of the AUD/USD currency pair's price action. The AUD/USD pair recently tested the upper boundary at 0.6594, experiencing a rebound. This level has...
Gold continued to decline during the last week of trading, reaching another local low. Initially, the price attempted to move higher, breaking the upper limit of the range at 2358, but it failed to hold. The price then turned sharply downward,...