Date: 8th January 2025. Global Market Update: Inflation Concerns Weigh on Stocks, Bitcoin Drops Below $100K, Gold Holds Steady. Financial Markets Performance: *The US Dollar rallied to 108.65 with next immediate resistance at 108.85 *The EURUSD...
TRADING CHART ON USD/CAD H4. The USD/CAD currency pair has demonstrated a strong uptrend over the past several months, as evidenced by its consistent movement above the moving average, likely the 50-period SMA, on this 4-hour chart. This trend...
The GBP/JPY currency pair experienced a volatile trading session, initially surging to a one-week high of 198.25 before encountering selling pressure and retreating towards the lower end of its daily trading range. This decline coincided with...
The GBPAUD currency pair is currently trading within a supply zone on the daily chart, with prices ranging from 1.99870 to 2.08480. After being pressed below this area multiple times, it has now moved back into this supply zone. This suggests that...
EUR / JPY: An Hourly Time Frame Road Map In the current week, the Japanese Yen has no significant news data that could directly influence the market or provide an advantage to the bears or sellers of EURJPY. This lack of fresh data leaves the...
