A Deep Dive into Gold Prices The Gold pair's price action analysis will be our focus point in this discussion. Gold’s H4 chart is displaying a strong bullish trend within an ascending channel, with prices respecting both the upper and lower...
EUR/JPY is trading near a significant resistance zone at 163.50. A breakout above this level could pave the way for a move toward the next resistance at 144.50. On the downside, support lies at 162.50, with further declines potentially targeting...
Market Fundamentals: The Cable showed notable strength against its major counterparts on Tuesday, buoyed by anticipation surrounding the United Kingdom’s Autumn Forecast Statement. This announcement marks the first budget presentation by a Labour...
Technical analysis of the USDJPY pair On the 4-hour chart, the pair price started trading this week inside the white triangle, which is the common area between the price channels. Where we have the red channel, which is a side channel that...
Gold Market Update and Analysis Gold’s price movements are becoming increasingly compressed, with the daily chart showing a lack of success in breaking through repeated highs. It indicates that bearish sentiment is temporarily dominating the...