The foreign exchange market saw a surprising turn of events on Friday during the European session. The GBP/JPY currency pair defied expectations by surging past the key psychological support level of 200.00, reaching a new multi-year high of...
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...
The price of oil, particularly West Texas Intermediate (WTI), has been fluctuating recently, influenced by several factors. A significant contributor to the rise in WTI prices is speculation about a possible interest rate cut by the Federal Reserve...
XAU/USD Technical Analysis: For over a month, the XAU/USD pair has been stuck in a narrow trading range between 2322 and 2310. During this time, selling pressure has increased significantly, while buying interest has waned. Current technical signals...
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,...