Hello, Elena. Yesterday, sellers tried to form an exit from the local sideways downwards on Gold, but buyers did not let them go too far and returned the price back to the consolidation area today. Now, in order for them to continue developing the...
In the analysis of the EUR/JPY currency pair, specifically on the daily (D1) chart, we observe a bearish wave structure. After the most recent downward wave broke the previous low at the beginning of February, we can formally identify the onset of a...
The GBP/USD 4-hour chart currently exhibits a clear bullish trend, with the price trading around 1.2945. The next significant resistance level to watch is approximately at 1.3000. The upward slope of the 9-period Simple Moving Average (SMA) and...
USD/JPY Technical Analysis and Forecast The USD/JPY market is showing strong bullish momentum today. Earlier in the session, the price reached a low of 146.539 but then began to recover. The USD/JPY market is currently trading around 147.937, which...
AUD/USD AUD/USD Rises to Near 0.6300 Amid Weakness in the US Dollar AUD/USD rises to approximately 0.6300 as the US dollar drops due to an uncertain US economic situation. In March, Australia's Westpac Consumer Confidence increased significantly to...