The USD/JPY pair was observed trading just below the 144.00 level during European trading hours on Friday. The weakening of the USD/JPY pair was largely attributed to a broad strengthening of the Japanese Yen (JPY), which followed the release of...
Gold Market Analysis Gold is currently trading at 3289, and the market is showing signs of a downtrend. While the overall trend remains bearish, there is potential for a reversal in the near future. Investors and traders should monitor key technical...
The US Dollar/Swiss Franc (USD/CHF) pair experienced a decline in its trading on Friday, primarily influenced by a US report indicating that inflation is moving closer to the Federal Reserve's 2% target. This news, generally implying less need for...
Technical Pattern: Inverted Head and Shoulders One of the most notable formations on the daily timeframe for USD/JPY is the Inverted Head and Shoulders pattern – one of the strongest reversal patterns indicating a potential shift from a downtrend...
The Euro (EUR) edged higher against the British Pound (GBP) on Friday, with the EUR/GBP pair managing to hold above its critical 100-day Simple Moving Average (SMA) located around 0.8415. This slight appreciation in the Euro came amid a week of...
