EUR/JPY/H1 The movement of the EURJPY currency pair on Friday actually fell quite sharply from a price of 170.40 to 169.34. The decline in the EURJPY currency pair was due to the euro currency exchange rate weakening against the yen since the...
EUR/USD Forecast: Will the recent rally last? After investors reacted to the contents of the last Fed meeting minutes, the EUR/USD exchange rate found an upside opportunity and briefly touched the 1.0816 resistance level, the highest level since...
Gold began its biggest weekly reversal on Wednesday, rising to $2,365 before facing resistance. It is set to close above last week’s high of $2,340, indicating the strength of this divergence. Today’s peak tested resistance around the three-week...
Fueled by recent comments from Federal Reserve Chair Jerome Powell, the price of gold (Xau/USD) surged by $2,340 on Wednesday. Investors are interpreting Powell's speech as a shift in the Fed's monetary policy stance, potentially leading to interest...
Technical analysis of the EURUSD pair 4-hour chart Once again, the price is given an opportunity to buy, as it settled above the weekly level of 1.0788 several hours ago. The price behavior of the pair during this week was bullish, as it opened...