Until the end of last week, the Euro failed to consolidate over the trend lines of price channels and retreated back under the red descending channel line in the weekly chart. This price movement suggests that after closing the introductory gap, if...
The EUR/JPY currency pair experienced a surge from around 161.00 overnight, but this upward momentum waned during the Asian session on Wednesday, attracting sellers. The pair subsequently declined, approaching the 162.00 level, and appears...
WTI crude oil prices have continued their decline for a second consecutive day, reaching approximately $71.50 per barrel during Tuesday's European trading session. This downward trend can be attributed to several factors, primarily stemming from...
Bulls are now aiming to break above the $2,900 barrier as the gold price (XAU/USD) reaches a new all-time high after continuing its steady intraday rise through Monday's early European session. In addition to rising trade tensions between the US and...
USD/JPY As of today, USD/JPY is showing some interesting movements, shaped by both technical signals and fundamental drivers. Technical Analysis: I’ve noticed that USD/JPY recently broke below its 50-day moving average, hinting at potential bearish...