Technical analysis of the EURJPY pair During the previous three days, the price moved below the 160.70 level, which is the highest price the pair reached during this week, as the price faces strong resistance to complete the upward trend that it...
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Hello,The EUR/USD pair remains depressed during the Asian session on Friday and touched a three-week low near the 1.0455 area in the last hour. Furthermore, the fundamental backdrop suggests that the path of least resistance for spot prices is to...
Technical Analysis, Prospects and Forecast for Gold (XAU/USD) Current market situation: Gold is trading around 2687, showing downward pressure after yesterday's losses. The market fell to 2674.60, showing selling momentum. On the hourly chart, the...
The Australian dollar (AUD) managed to recover against the US dollar (USD) on Thursday, snapping a two-day losing streak. This modest recovery came despite mixed domestic employment data. While the jobs figures beat expectations, the unemployment...