The chart above illustrates the price movement of AUDUSD on the H4 timeframe. After confirming that the market trend for AUDUSD is predominantly upward, my focus moving forward will be on identifying potential entry points for buying. This upward...
EURJPY EURJPY outlook: The EUR/JPY currency pair has been experiencing a steady uptrend, driven by the divergence in monetary policies between the European Central Bank (ECB) and the Bank of Japan (BoJ). The ECB's relatively hawkish stance,...
The EUR/JPY pair experienced a decline in Asian trading on Monday, retreating to around the 159.10 level after gains in the previous session. This downturn can be primarily attributed to a strengthening Japanese yen, which was bolstered by a...
Technical analysis of gold Technical analysis of gold on the 1-hour chart gives a good buying opportunity from the current level. During the previous two trading days, a strong upward wave was formed, then a downward wave and the gold price started...
Chinese households struggling with rampant inflation China’s authorities have to make urgent efforts against rampant inflation. According to Reuters, citing China's National Bureau of Statistics, domestic consumer inflation has soared over the...