Technical analysis of gold Technical analysis of gold on the 1-hour chart shows that the price is ready for further rise. Today, the price started trading inside the triangle marked in white, which is the common area between the price channels, as...
General Points about USDJPY: USD/JPY sellers still appear strong today, but this could be a temporary effect. The pair has experienced some selling pressure, leading to a decline in price. Short-term fluctuations suggest that sellers are attempting...
GBP/JPY Outlook Good Morning guys! The UK Claimant Count Changes and Average Earnings data were not strong enough to support GBP/JPY buyers yesterday. As a result, the pair struggled to gain significant upward momentum. Despite these weaker...
Crude Oil Price Update – February 20, 2025 Mixed Sentiment in the Market There’s a tug of war happening in the market right now. On the one hand, U.S. crude inventories have increased by 3.34 million barrels, which might suggest oversupply and...
Core Points about XAUUSD: We can see that the XAU/USD market is still in favor of buyers. It continues to follow a bullish trend, which indicates strong upward momentum. The 2940 level has already been broken. Gold has been experiencing consistent...
