USD / JPY: An Hourly Time Frame Road Map This overbought level of 157.26 indicates that the bears or sellers will likely pull back, as the market reaches a point of resistance. The price has pushed too high without a clear retracement, and sellers...
The gold market currently exhibits a degree of stability, trading near $2,611 per ounce. This relative calm stems from a cautious market sentiment regarding the trajectory of US interest rates. Despite the Federal Reserve's anticipated rate cuts for...
GBP/JPY Market Analysis Good Morning to everyone! The market of GBP/JPY reached the 195.36 zone on Friday, marking a significant level that captured traders' attention. The UK Construction PMI is the only notable news event that could provide some...
EUR/USD EUR/USD outlook: As we step into the first week of January 2025, EUR/USD is testing the waters near 1.0317, showing signs of significant volatility. With a tight spread between the buy price of 1.032 and the sell price of 1.0317, the market...
•••GBP/USD Market Analysis: Navigating the Crossroads of January 6,2025••• • The currency markets are alive with anticipation as we kick off the new year, with GBP/USD in focus as it hovers around the 1.2400 mark. Traders are on edge, carefully...
