ECB to devise perfect timing of cautious rate cuts Germany’s financial policymakers offered a curious metaphor for the ECB interest rates. They compared the cycle of the ECB monetary easing to descending a mountain. The key issue now is to devise...
4:55 GMT: Sold the USD/JPY At 4:55 GMT, I opened a sell trading position with a 0.25 lot size on USD/JPY. You can see the details of this trade in the picture below. USD/JPY | Sell | Enter @ 157.50 | Stop @ 157.69 | Take profit @ Depend on the...
Technical analysis of the AUDUSD pair 4-hour chart Over the past weeks, the price has moved in a sideways direction as we see on the chart. During the previous week, the price trended upward in a strong upward wave, but in the middle of the week,...
Hello all, The price behavior of gold is currently a hot topic among traders and analysts. As we continue our detailed analysis of the gold market, we begin by examining the daily time frame to gain a broader perspective on recent movements....
GOLD MARKET ANALYSIS Spot gold climbed 1.3% to $2,332.55 an ounce on Friday (June 14). Signs of slowing inflation in the United States have raised hopes for a rate cut later this year, and a sharp drop in European stocks last Friday also supported...