I initially expected a downward correction in GOLD spot prices, potentially breaking the 3000 support level, but the market has proven otherwise. Instead of declining, gold surged to a new historical high of 3086, defying my bearish outlook. Upon...
USD/JPY 4-Hour Chart Analysis The USD/JPY pair has been exhibiting notable price action on the 4-hour chart, with a current price of 149.844, reflecting a -0.79% decline (-1.199 points) for the session. Key indicators such as moving averages,...
The British pound (GBP) maintained a stable position against the US dollar (USD), trading around the 1.2950 level, as market participants absorbed the latest US inflation data amidst lingering concerns about a potential escalation in the trade war...
The USDJPY currency pair on the H1 timeframe presents an intriguing trading opportunity, and I rely on key indicators to gauge its potential direction. I observe that the Parabolic SAR is currently at 151.08, positioned above the previous candle’s...
GBP / NZD: An Hourly Time Frame Suggestions The power of bears or sellers of GBPNZD is reducing due to the positive news dta from the Great British Governement. The recent market movement indicates a shift in momentum, as buying pressure gains...