Fundamental analysis is a cornerstone of forex trading, focusing on the economic, political, and financial factors that influence the value of currencies. Unlike technical analysis, which relies on price charts and patterns, fundamental analysis...
Gold on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors Gold started under pressure after the US dollar gained strength following the latest Federal Reserve comments. Traders were expecting clearer signals about rate...
Navigating the USD/JPY Crossroads: My Trade Setup and Market Outlook for Today Fundamental Analysis: I am currently watching the USD/JPY pair trading at 159.23, heavily influenced by recent central bank divergence. In my assessment, the Bank of...
EUR/USD closed the week at 1.1570, recovering ground after testing lows near 1.1430 earlier in the week. On the 1-hour timeframe, the price action has now climbed above both key moving averages, signaling a shift in short-term momentum. The...
Technical analysis of XAGUSD On the H1 timeframe, Silver (XAG/USD) is currently trading around the 67.80 – 68.00 zone, continuing its movement within a well-defined descending channel, reflecting a strong short-term bearish trend. Price structure...
