Gold prices experienced a notable decline on Friday, extending weekly losses to over 1% and monthly losses to more than 3%. This downward pressure was primarily attributed to a strengthening US Dollar, which surged to a 10-day high of 107.66. The...
The US CB Consumer Confidence and Richmond Manufacturing Index report scheduled for release later today, will play a vital role in shaping XAU/USD movements. If these reports indicate economic strength and improved consumer sentiment, the USD may...
General Points about USDJPY The Tokyo Consumer Price Index has not significantly aided the sellers, which has enabled the USD/JPY market to hold its strength. The currency pair currently stands at the 150. 60 mark, indicating that buyers are in...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis, the market price is rising, and the price has formed an ascending channel. The price of the market is quite respectful of this channel, so the price goes up. Market prices...
USDCHF currency pair - H4 chart. Here you can see that until the middle of last week, sellers continued to push the price down. In favor of sellers was the wave structure that builds its order downwards and the MACD indicator, which was falling in...
