Bank of Japan (BoJ) Governor Kazuo Ueda recently reaffirmed the central bank’s commitment to gradually raising interest rates from their historically low levels if the economy and inflation evolve in line with expectations. Despite maintaining the...
EUR-GBP PAIR REVIEW The EUR-GBP market showed a slightly aggressive movement in Monday's trading. The price had moved below its daily open which opened yesterday morning at 0.8295. Below this area, the EMA 633 H1 and EMA 200 H1 crossed with their...
The currency pair experienced a lackluster performance on Monday, testing the limits of the 1.2550 threshold before succumbing to downside pressure. By the close of the session, the pair had dipped approximately 0.2%, settling around the 1.2490...
Gold Technical Analysis Analyzing the H1 timeframe, I see a linear regression channel pointing upwards. For me, this is more important than the M15. So, the buyers are strong. The signal from channel M15 provides a buy signal which strengthens my...
USDCAD TECHNICAL ANALYSIS At the base of H1 on the right, it appears that a buy signal has not yet appeared, namely a candlestick that is able to penetrate the upper line of the Bollinger Bands around the yellow rectangle 1.4500 to 1.4300, as long...