Forecast of Gold On the H4 time frame chart, the price of Gold crossed the 26 EMA line to the upside and is about to challenge the 50 EMA line. On the H1 time frame chart, the price of Gold is operating above the moving average lines, which explains...
Understanding the Dynamics of the Market in USD/CAD Recently, the currency pair USD/CAD rallied and pegged higher above the 1.4060 level. Such a scenario is termed a bullish situation, hence leaving buyers with high expectations. When traders view...
General Points of GBPJPY: Today, the speech by the Bank of Japan's Governor during the Tokyo session did not benefit GBPJPY sellers, leaving the market largely unchanged for bears. The pair has stabilized around 195.47, signaling the continuation...
Gold staged a remarkable rally early Monday morning, climbing 1.35% in early New York trading. This rally follows a sharp recent selloff, suggesting that the current rally could be a natural relief rally. While gold has yet to reach the $2,500 level...
USD/JPY Fundamental Analysis This week, I’m closely watching USD/JPY, with fundamentals continuing to shape its movement. On one side, the Bank of Japan (BoJ) remains committed to its ultra-loose monetary policy, which keeps the yen under pressure....
