This week, the foreign exchange market delivered a brutal lesson to traders, particularly in the USD/JPY pair. I observed a sharp upward impulse that pushed prices up by 300 points with minimal retracements, only to be followed by an equally...
Technical Analysis XAU/USD and Market Outlook Gold is currently in a downtrend, with price action primarily driven by fluctuations in the US dollar. Today, gold rose to as high as 2939, but selling pressure has slowed the price. It is currently...
The Swiss Frank (USD/CHF) shifted 1.1% a day earlier on Friday. At the European meeting, USD/CHF is traded at 0.9016, which is 0.16% per day. On Thursday, the US dollar defeated a rash retreat against the main currencies after the White House...
EUR/JPY Greetings and Good Morning guys! Yesterday, the market successfully crossed the 191.95 zone, signaling strong bullish momentum in GBP/JPY. The overall market sentiment remains in favor of buyers, with price action continuing its upward...
The New Zealand dollar (NZD/USD) will continue to gather on Friday. NZD/USD is traded at 0.5702 at the European meeting, which is 0.43% per day. PMI production is unexpectedly expanding New Zealand's production PMI increased to 51.4 in January,...
