The USD/JPY pair, as I expected, has rolled back from the upper limit of its current range (~156.0-158.0). I see that it has now stopped in the middle of this range, awaiting inflation data from the US. I believe this suggests that the pair will...
Forecast of Gold According to the Gold's H4 time frame chart, the price hit the overbought level last Friday according to the RSI indicator, which is why the price of the metal plummeted sharply on Monday for the price adjustment. I can see that...
Trading journal Wednesday, January 15, 2025 EURCHF Assalamualaikum and good afternoon. How are you today? Hopefully all members and moderators are in good health. Hopefully we all become successful traders who can provide benefits for the country of...
In the European session on Wednesday, the USD/CHF pair is cautiously trading just above the crucial support level of 0.9100. As the US Dollar (USD) declines somewhat ahead of the US Consumer Price Index (CPI) data for December, which is scheduled to...
EUR/USD Price Activity In the market trend, the EUR-USD currency pair appears to be still in a bullish / Upward condition. Still, we must also anticipate a trend reversal if the price breaks through the support area above and also price...