Current Trend Structure The EUR/JPY pair is trading in a broad consolidation range with alternating strong and weak waves and no clear medium-term trend. This has paved the way for price action since mid-month and all attempts at a breakout have...
The foreign exchange market, or forex, is the largest and most liquid market in the world. Its high volume of daily trades creates unique opportunities for traders, but it also comes with a level of volatility that requires careful management....
From a technical perspective, the Gold price remains in a firm uptrend, though current indicators suggest the rally may be due for a breather. The daily Relative Strength Index (RSI) continues to hover above the 70 mark, reflecting overbought...
USDCAD Daily Forecast The presented chart shows the daily price action of the USD/CAD currency pair, which represents the exchange rate between the US dollar and the Canadian dollar. This analysis will focus on the trend structure and key price...
The GBP/USD pair maintains its upward trajectory, hovering around the 1.3370 level during the early Asian session on Tuesday. The pair continues to find solid support amid broad-based US Dollar weakness, triggered by renewed political pressure on...
