Technical analysis of gold On the 1-hour chart, the price started trading today within the price channels shown on the chart. Where we have the red channel with a downward trend, representing the direction of price movement during trading last...
Hello. Today, since the market opened, buyers have been trying to develop an upward movement, but so far they have not managed to break through anything important, and the price essentially remains in the central area of the tapes, and in general...
The Japanese Yen strengthens in reaction to the upbeat Core Machinery Orders data. Firming expectations for an additional BoJ rate hike this week also underpin the JPY. A modest USD downtick further contributes to the USD/JPY pair's intraday...
The USD/CAD currency pair initiated the week on a slightly bearish note, snapping a two-day winning streak and currently trading around 1.4450 during the European session. Despite this minor setback, the overarching bullish trend remains intact, as...
GBP/USD is battling 1.2200 in European trading, paring back gains. A broadly weaker US Dollar underpins the pair but markets turn cautious ahead of US President-elect Donald Trump's inauguration, capping its upside.The Relative Strength Index (RSI)...
