The EUR/GBP cross has exhibited a consistent upward trend for the past three days, following a surge during the Asian trading session. This upward movement is underpinned by fundamental factors that appear to favor further depreciation of the euro...
The USD/CAD H1 chart shows a recent period of strong volatility, with a sharp bullish move followed by an equally aggressive bearish correction. The price currently sits at 1.4311, after peaking near 1.4810 before reversing downward. The market...
Silver Price Forecast: XAG/USD Silver prices surged to a three-month high of $32.38 on Wednesday. Safe-haven metals gain ground amid risk-off mood following global trade and economic uncertainties. Traders await Friday’s US Nonfarm Payrolls, which...
The EUR/JPY H1 chart presents a clear downtrend after reaching a peak near 165.25, with price action consistently forming lower highs and lower lows. The red moving average, likely a short-term SMA or EMA, confirms bearish momentum as price remains...
USD/JPY Price Analysis: Technical outlook An official at the Bank of Japan (BoJ) said on Wednesday that the “BoJ sees underlying inflation gradually heading toward 2%. Price rises post-pandemic have been driven mostly by cost-push factors, such as...