Today was unproductive for me in terms of trading, particularly with the EUR/USD pair. Despite a spike above the 1.04 level, I hesitated to sell as the movement quickly reversed, resulting in a false breakout at 1.0435. The pair eventually closed...
USD/CHF Analysis: Market Consolidation and Potential Moves Current Market Situation The USD/CHF currency pair is currently moving within the boundaries of the 50 and 200 Exponential Moving Averages (EMAs), indicating a consolidation phase. This...
EURJPY Outlook: The EUR/JPY pair is currently shaped by the economic factors of both the Eurozone and Japan, with a particular focus on the monetary policies of the European Central Bank (ECB) and the Bank of Japan (BoJ). The euro has gained some...
GBP/USD Weekly Forecast Good Morning guys! It is not a better scenario for the buyers of GBP/USD that they are consistently losing their value from this week. The price of GBP/USD is closed at the 1.2400 zone right now. It shows the power of...
Gold prices experienced a significant decline, falling over 1% during Monday's late North American trading session. This downturn occurred amidst a broader market sell-off triggered by investor interest in the Chinese artificial intelligence firm,...