Technical Analysis of Oil Technical analysis of oil on a daily chart shows the price breaking the ascending channel and now returning to the test. During this month, the price of oil began trading within the triangle marked in white, which is the...
GBP/ JPY Price Trends The GBP/JPY currency pair had a volatile trading session on Friday, initially falling to a four-month low around 188.00 before bouncing back to reach around 189.50 during North American trading hours. The surge in sterling saw...
USD/JPY Analysis: Weekly Overview Recent Market Movement Last week, the USD/JPY currency pair broke a significant support level at 153.79, leading to a bearish trend as the price continued to decline. The most recent low recorded was 150.96, which...
Weekly Analysis: Bullish Outlook for Gold Short-Term Technical Outlook Gold's short-term technical outlook remains bullish. The daily chart indicates that the RSI (Relative Strength Index) is nearing 70, suggesting that gold could continue to rise...
Silent Points about USDJPY We can clearly feel that as the US dollar weakened, the JPY market has become quite strong. The relationship between the US dollar and the Japanese yen is often highly sensitive to fluctuations in economic conditions,...
