The Gold market sentiment The gold market is growing strongly today, supported by the latest US economic data. The Core CPI (MoM), CPI (MoM) and CPI (YoY) reports impacted the US dollar rate, causing gold prices to rise. After hitting an all-time...
USD/JPY Technical Analysis The USD/JPY market is currently downtrend on the H1 timeframe. Both the structure and trend indicate a strong downtrend. The market has started to break below the significant resistance level of 158.00. A lower high and...
USDJPY TECHNICAL ANALYSIS The Japanese Yen (JPY) weakened significantly against the US Dollar (USD) recently, reaching its lowest level in a month. The decline occurred after Bank of Japan Governor Kazuo Ueda's press conference did not provide a...
From my perspective, the USD/CHF currency pair on the H1 chart currently presents a clear and structured trading opportunity, driven by a blend of bullish momentum and consolidation phases. By analyzing the price action and technical indicators, I...
NZD/JPY PAIR REVIEW Price of currency: NZD/JPY Previously at the beginning of the month the seller army tried to push the price down but was unable to penetrate the Simple Moving Average indicator. The price position has been getting higher...