Welcome to Today’s Live Trading Discussion: USD Index and Gold Analysis Good morning, traders! Let’s dive into today’s live trading session with a closer look at the USD index and Gold. Yesterday, the USD index displayed a strong bullish trend,...
•••USD/JPY: Today's Market Unfolds(December19,2024)••• ••Introduction: The Pulse of USD/JPY The USD/JPY currency pair is buzzing with activity today, reflecting a tight spread of 154.61 on the bid and 154.64 on the ask. This dynamic pairing...
UK Inflation Rises to 8-Month High, Pound Remains Unaffected In November, UK inflation surged to 2.6%, marking its highest level since March. This increase is attributed to rising costs in petrol and food, as well as an increase in tobacco duty....
•••EUR/JPY: Navigating Today’s Market Landscape(December19,2024)••• ••Fundamental Drivers Shaping EUR/JPY • The EUR/JPY currency pair has been in focus today as economic data out of Europe and Japan continues to shape market sentiment. In Europe,...
Pivot Points are a popular technical analysis tool used to identify potential support and resistance levels in financial markets. Originally used by floor traders in equity and commodity exchanges, they are now widely used in forex, stocks, and...