What happened to EUR/USD today? This currency pair started to decline after a pullback. Overnight, it dropped significantly, then sharply rose, and now sellers have started pushing it lower again. The price on the hourly timeframe broke below the...
Gold Spot Price Analysis The chart represents the movement of Gold Spot prices in a 4-hour timeframe, with the current market price at $3,333.25, reflecting a gain of 1.36% (+$44.86). Key Observations: Moving Averages: The blue line indicates the...
USD/JPY Outlook Good Morning, guys! The Tokyo CPI rate will help the buyers of USD/JPY this week. Today, the US Durable Goods Orders and New Home Sales rates can also bring volatility in the market. Overall, as we approach a week filled with...
The British pound (GBP) experienced a volatile trading session against the US dollar on Wednesday. Initially, the pound fell, touching a four-day low of 1.3230. However, it subsequently staged a modest rebound after market participants appeared to...
USD/JPY – Uptrend on the 1-Hour Chart, Sell on Break of Trendline and Hourly Close Below (400 Words) The USD/JPY pair is currently displaying a short-term uptrend on the 1-hour chart, forming higher highs and higher lows, indicating temporary...