The Japanese Yen (JPY) continues to strengthen against the US Dollar (USD), keeping the USD/JPY pair under pressure below the 147.50 handle in early European trade. This JPY resilience is primarily underpinned by rising expectations that the Bank of...
Gold has collapsed to a three-week low On Monday, the price of gold dropped to its lowest level in the last three weeks in Asian trading. This happened against the background of the fact that investors began to get rid of their positions in order to...
First and foremost, respect is the cornerstone of our community. Treat fellow members with courtesy, empathy, and open-mindedness. Disagreements are inevitable, but engaging in constructive dialogue promotes a healthy exchange of ideas. Personal...
The Australian Dollar (AUD) has experienced significant volatility against the US Dollar (USD) in recent weeks, with a sharp decline observed last Friday. Despite this, the current momentum suggests that the AUD may enter a range-bound phase,...
The AUD/USD pair is currently facing strong downward pressure, particularly as it continues to trade below the critical resistance level of 0.6046. Technical indicators are aligning to suggest a bearish scenario, with the RSI clearly remaining below...
