XAU/USD PAIR REVIEW The continued strength of the US dollar and weak sentiment towards gold caused strong losses in prices. Where the price of gold moved, breaching the psychological support of $2,300 per ounce, with losses, according to the...
The Commodity Channel Index (CCI) is a versatile technical indicator that can be used to track movements in the forex market, although originally designed for commodity trading, it helps traders to identify conditions overbought and oversold,...
USD/JPY PAIR REVIEW The Japanese yen settled lower around 159.93 to the US dollar after threatening to breach the important psychological level of 160, which had previously prompted the Japanese authorities to intervene in the Forex currency...
GBP/USD PAIR REVIEW According to recent trading, the price of the pound sterling declined by a third of a percent against the US dollar GBP/USD in mid-week trading, thanks to “tight” signals issued by members of the US Federal Reserve. As a result,...
EUR/JPY PAIR REVIEW The upward path of the euro price against the Japanese yen (EUR/JPY) became stronger yesterday, moving towards the resistance level of 171.80 before returning to stability around the level of 171.50 at the time of writing the...