Gold Market Analysis Trading Outlook I hope everyone is doing well. Looking at the current market dynamics, gold's price movement has been intriguing. Given the apparent weakness in the resistance level, gold should have already moved higher....
Crude Oil Technical Analysis The crude oil market is experiencing a downtrend driven by intense selling pressure. Technically, prices are trading below a descending trendline, which has been tested several times before moving lower. The minor...
EUR/USD Technical and Fundamental Analysis In the H4 timeframe, the EUR/USD market structure is in an uptrend, and the price action supports buyers. The pair is testing a critical support level at 1.13800, which is also in line with the 200-day...
Forecast for EUR/USD 29. January 2025 On Tuesday EUR/USD continued to decline after reflection from 127.2% retracent retralation to 1.0507 and reached a level of 100.0% fibonacci to 1.0437. Since there was no reflection at this level, the decline...
EUR/JPY daily chart EUR/JPY slides to near 161.60 as the Euro faces selling pressure ahead of the ECB policy meeting on Thursday. The ECB is almost certain to cut its Deposit Facility rate by 25 bps to 2.75%. Growing bets towards more interest rate...