The euro experienced slight depreciation against the yen in early Asian trading on Wednesday, hovering around 162.60 yen, following a 1% surge in the previous session. Technical analysis on the daily chart reveals the pair remains within an...
T E C H N I C A L _ A N A L Y S I S U S D / C A D I would explain recent price movements in the USD/CAD market. From a technical standpoint, USD/CAD is trading at 1.4358 at the time of writing. In the long term, USD/CAD is bearish now, while at the...
The USD/JPY pair experienced a decline during the European trading session, falling to a new low near 157.20. This downward movement was primarily attributed to hawkish remarks from Bank of Japan (BOJ) Governor Kazuo Ueda, which reinforced...
The global gold market is currently navigating a complex landscape of conflicting pressures. The US dollar's strength, fueled by robust employment data and a hawkish Fed stance, has exerted downward pressure on gold prices. This pressure is further...
TRADING CHART ON GBP USD H4. The GBP/USD chart presented showcases a clear downtrend over an extended period, with price action consistently remaining below the moving average (possibly the 50-period MA). The market dynamics indicate bearish...
