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...
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,...
AUD/JPY Price Forecast Japanese Chief Cabinet Secretary Yoshimasa Hayashi noted on Monday that “Japan faces significant challenges if its companies become targets amid US President Donald Trump's policies; the government will respond carefully to...
In analyzing the daily chart for the US Dollar/Canadian Dollar (USD/CAD) pair, I observe a clear and significant support zone located between the digital marks of 1.3975 and 1.3863. I believe this zone is crucial for understanding the potential...
EUR/USD Daily Chart Analysis Current Market Position The EUR/USD currency pair is currently hovering around the 23.6% Fibonacci retracement level, suggesting the potential for a strong bullish breakout. A closer inspection of the chart reveals that...