The Japanese Yen (JPY) continued its strong performance against the US Dollar (USD) during Monday's European session, buoyed by market expectations of a hawkish monetary policy stance from the Bank of Japan (BoJ). Investors were actively pricing in...
BTC/USD outlook: Bitcoins are going below 80k per wave of aversion with risk BTC/USD Bitcoin was the best loser after more than 6% decrease during Asian and early European trading. The largest cryptocurrency remains under increased pressure, mainly...
Gold prices (XAU/USD) saw a resurgence of buying interest during early Asian trading on Monday, climbing to approximately $2,870. This uptick was primarily driven by persistent uncertainty and the ongoing conflict between Russia and Ukraine, which...
Hello, colleague! I expect growth for #GBP/USD. But a decline is not excluded by itself technically. Here is what is currently visible from the indicator readings on the daily chart by waves: - MA100 is working through the space parallel to the...
Support Level In forex trading, a support level is a price level where a currency pair tends to find buying interest as it declines. This means that the price is more likely to "bounce" off this level rather than break below it. It occurs because...
