Gold prices experienced a modest uptick on Tuesday, recovering from a slight dip earlier in the week. This surge followed the release of the US Producer Price Index (PPI) data, which revealed a slower-than-expected increase in producer prices. This...
USD-JPY PAIR FORECAST The price movement in this pair yesterday was not so good. There was a slight up and down movement around the EMA 200 H1 although buyers managed to maintain their dominance. Starting from the beginning of the Asian session...
THE CURRENCY PAIR AUD-CAD we are standing still. The wave structure is building its order downwards; the MACD indicator is decreasing in the lower sales zone and below its signal line. Earlier, the main large ascending line was broken downwards....
TRADING CHART ON GOLD D1. The provided daily chart of gold (GOLD, D1) showcases a robust and sustained bullish trend that has been in play since mid-2023. The price is consistently trading above its 200-day moving average (red line), which serves as...
•••GBP/USD: Caught in a Tight Range(January 15,2025)••• • The GBP/USD pair is currently caught in a narrow range, hovering around 1.2170 as traders wait for clear direction. The market has been somewhat stagnant, unable to make significant moves as...