Fundamental Analysis Friday's North American session saw a sharp gain in the price of gold as US inflation statistics raised market expectations that the Federal Reserve (Fed) will lower interest rates later this year. The political unpredictability...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
* USDJPY: Bullish above the psychological level of 157.00, targeting the levels of 158.00, 158.60 and 159.00 * Bearish prospects below the level of 157.00 with potential targets at 156.50, 156.00 and 155.60 ...
At the moment, I am waiting for the price of this currency pair to reach the extremes of the last trading session. Depending on the formed price levels, I will likely have a position in the USD/CAD currency pair. The price levels in question are...
Upon observing the price movements of the EUR/USD currency pair during this mid-week trading session, it appears that the bullish trend is still intact. However, since last night, the market has experienced a significant bearish movement,...