On Friday, the Japanese yen (JPY) will strengthen compared to the US dollar (USD). Following the announcement of the Tokyo Consumer Price Index (CPI) inflation data, the Japanese Yen (JPY) rises, causing the USD/JPY pair to retrace its recent gains....
TODAY UPDATE 27.12.2024 Good afternoon! I hope everyone is doing well. I'm going to share my analysis on GOLD. Likewise, I have analysed this metal on the h4 time frame and also on a daily chart. First, I will discuss it in the h4 time frame. This...
The chart highlights a clear bearish trend with a series of lower highs and lower lows, indicating consistent selling pressure on the NZD/USD pair. The red line represents a moving average, which appears to act as dynamic resistance. The price has...
EUR/USD Technical Analysis: EUR/USD is currently trading around 1.1030, showing a slight bullish bias as it continues to hold above key support levels. From what I’m seeing, 1.1000 and 1.0975 are acting as strong supports, while resistance is...
The US dollar strengthened slightly against the Canadian dollar on Friday, trading near the 1.4410 level during the Asian session. This minor appreciation comes despite a recent rise in crude oil prices, which typically boosts the Canadian dollar...
