The currency pair has faced a sharp decline, dipping to approximately 1.0210 during Friday's American session, marking its lowest point in over two years. This drop follows key economic developments that have significantly hindered any bullish...
Forecast of Gold The price often moves more slowly on Friday's than on other trading day's, so I wasn't prepared for such a violent movement on the last trading day. Since the final candle of the H4 time frame chart is a robust bullish pin bar, I...
•••Gold Price Holds Steady Amid Economic and Geopolitical Tension(January 10,2025)••• • As of January 10, 2025, gold has remained steady, trading around $2,670 per ounce. With the world economy in a state of flux, gold continues to draw interest...
The Bank of Japan (BoJ) is in the midst of a difficult battle to reverse the two-year downward trend of the Japanese Yen. Despite deploying numerous policy tools, including aggressive interventions and adjusting interest rates, the BoJ has yet to...
I currently see a clear bearish signal on the chart of the currency pair/instrument in the form of Heikin Ashi candles. I believe it is advisable to focus only on sell positions at the moment. I find that the combination of volume spread analysis...
