The gold spot price recently traded around $2,630 per ounce, recovering from the 50-day Simple Moving Average. This increase came after a significant price drop, as traders responded to a market downturn caused by global growth concerns. On Monday,...
Trade Analysis and Tips for Trading the Japanese Yen The price test at 143.76 coincided with the moment when the MACD indicator started moving upward from the zero mark, confirming the right entry point for buying the dollar. As a result, the pair...
As of September 24, 2024, the USD/JPY currency pair is exhibiting a slow yet bearish trend. The pair has shown signs of weakness due to various market factors, particularly the ongoing pressure from Japan’s struggling manufacturing sector and weak...
Good Night, everyone, and welcome to today’s live trading session. Let’s dive into the markets, where we’ve seen some notable movements. Yesterday, the USD index closed bullishly, climbing from 100.65 to 101.21. Currently, the USD index seems...
The spot price is on a remarkable winning streak against the US Dollar (USD), marking its third consecutive session of gains. On Tuesday, the pair reached a new two-year high of 1.3400, a significant milestone as the US Dollar drifts toward a...