I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...
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U.S. dollar rose sharply against the Japanese yen on Monday morning as we now threaten the 158 yen again. Frankly, this is the part of the market you don’t like to short. At least you don’t have to because although we get withdrawals from time to...
Fundamental Analysis On the opening day of a new week, the gold price (XAU/USD) needs to build on Friday's gains and draw new sellers. Throughout the Asian session, the commodity maintained its offered tone; it is presently trading below $2,325 and...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Hello to all forum participants and visitors. I will compose an article today about the current price behavior of the GBP/USD market. GBP/USD is trading at 1.2680 at the time of writing. Today dollar...