The EURUSD breakout yesterday was relatively slow, only moving 27 pips after successfully breaking the trend line. This situation raises questions, especially for traders looking for significant momentum. Usually, breaking the trend line provides a...
The analysis of the GBP/JPY currency pair sheds light on the dynamics of global monetary policy and economic sentiment shaping its performance. Currently trading around the 195.40 level, the pair exhibits limited downside potential due to several...
Trading gold can be a profitable endeavor when done with the right strategy and understanding of the market dynamics. Why Trade Gold? Safe Haven Asset: Gold is considered a reliable store of value, especially during economic uncertainty or market...
The US Dollar Index (DXY) is trading tepid during the year-end holiday season, but is still holding near the top end of the 2024 chart. Market flows will soften next week as global market sessions are expected to take a mid-week break, which will...
The Spot prices rallied above $70.45 on Friday following dramatic headlines from the International Criminal Court (ICC) in The Hague, issuing an arrest warrant for Israeli Prime Minister Benjamin Netanyahu. While oil tested the psychological $71.00...
