The currency pair opened the week with a sharp decline, extending a two-day losing streak before finding support around the key psychological level of 1.0450. On Friday, however, the pair saw a slight recovery, rising to 1.0525 as buyers stepped in....
Gold prices saw a slight increase in early Asian trading on Monday, trading around $2,645 per ounce. This modest uptick can be attributed to several factors. Firstly, renewed geopolitical tensions in the Middle East and South Korea have increased...
The euro weakened against the dollar during the Asian session on Friday, reaching a three-week low near 1.0455. This downward trend reflects a confluence of factors that favor a bearish outlook for the EUR/USD pair. The European Central Bank's (ECB)...
Business Analysis and Advice on Japanese Yen Trading A test of the 152.82 price level occurred when the MACD indicator moved well below the zero level, limiting the pair's downside potential. For this reason I did not sell the dollar. Following the...
The Spot price has managed to recover part of its heavy intraday losses against the US Dollar, rebounding by around 50 pips after hitting a fresh three-month low. Despite this short-term recovery, a sustained price appreciation remains elusive. The...
