Gold Analysis After a wave of declines last week, gold recovered and ended the day with a large negative line and lower shadow. Gold initially rallied sharply. After bouncing at the bottom of the daily trend, the previous downtrend has now calmed...
GBP/USD Price Movement Update GBPUSD on the H1 timeframe's main trend looks bearish, indicated by the price position that continues to move below the EMA 50. The consistently decreasing EMA 50 emphasizes the dominance of selling pressure, indicating...
Trading Strategy for the USD/CAD Currency Pair In the context of the current analysis, market conditions for the USD/CAD currency pair are portraying overbought conditions. This is a technical indication that this Forex currency pair may see a...
The EUR/JPY currency pair is currently trading around the 162.755 level, and recent market trends indicate a bearish inclination. While the pair has seen a slow and steady movement downwards, there are signs that a significant shift may be imminent....
Technical Analysis USD7JPY D-1 Chart Hello, mate! Congratulations on the start of a new trading week! As for USD/JPY, the daily chart highs make it all clear: the move has been charged in an ascending channel since mid-October. Right now we are...
