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,...
The Japanese yen is weakening significantly against the US dollar. This is due to a combination of factors, including expectations of continued high interest rates in the US and ongoing weakness in the Japanese economy. On one hand, the US Federal...
Fundamental Analysis On the opening day of a new week, the gold price (XAU/USD) needs to build on Friday's gains and draw new sellers. Throughout the Asian session, the commodity maintained its offered tone; it is presently trading below $2,325 and...
Price Action Unveiled: USD/ JPY We are delving into the current analysis of the USD/ JPY currency pair's pricing movements. On this chart, I have marked the zone where the estimated liquidity of USDJPY was probably at the top and subsequently...
Gold (XAU/USD) traders are closely monitoring the critical resistance level of 2300. A break above this threshold could signal the continuation of the bearish trend, opening up opportunities for new gains. Traders, anticipating this breakout, may...