General Points of USDJPY: Like other markets, we can see that the USDJPY market has bounced back up to the 154.77 level. This level is a resistance point, from which the market could move even higher. Reaching this resistance suggests that sellers...
The spot price has been under significant pressure in recent weeks, primarily due to the outperformance of the US Dollar. This is evidenced by the rise in the USD Index which tracks the Greenback against six major currencies. Recently, the DXY...
The movement originating from 1.3710 remains in effect, as the support level at 1.3605 has yet to be breached. This makes it premature to predict long-term movements once a breakthrough occurs at this support level. For traders, this means focusing...
Gold Price Action Alert We intently analyze the current appraisal of the Gold's pricing behavior in our discussion. The daily chart for Gold to US Dollar suggests a potential shift towards a bearish trend after the price recently broke below a key...
Forecast of Crude Oil The price of Crude Oil has been declining on the H1 time frame chart for the past several trading hours. This decline began when Crude Oil tested the 50 EMA line during its price correction, and as a result, it is now stronger....