The USD/JPY market is presently undergoing a significant period of bullish momentum, marked by the dominance of buyers who are diligently striving to elevate the price. This bullish phase is characterized by continuous efforts from the buyers to...
GBP/USD: On the H4 chart, the MACD indicator is signaling a normal buy. This suggests that while there is some buying interest in the market, it may not be strong enough to drive the price up significantly in the near term. Traders should continue...
The moving average convergence divergence (MACD) indicator is a popular and versatile tool used in technical analysis to identify potential buy and sell signals, trend direction, and momentum. Components of the MACD Signals The MACD has three main...
Gold prices in North America experienced a rollercoaster ride on Friday. While news of potentially slowing US inflation sparked investor optimism for a Federal Reserve rate cut later this year, European policy uncertainty also fueled risk aversion,...
EUR/USD daily H1 timeframe chart Greetings. The recent June Federal Reserve meeting has had significant implications for various currency pairs, notably EUR/USD. The updated dot plot forecast from the Fed has created a more bearish outlook for the...