The pair has found support due to a subdued US Dollar (USD) following weaker-than-expected US Producer Price Index (PPI) data. The latest PPI report revealed a 0.2% month-over-month increase, below the anticipated 0.3%, following a previous 0.4%...
Gold/USD short-term technical outlook H-4 Chart From a technical perspective, the daily chart of the gold/dollar pair shows that it has retreated from the above-mentioned highs, but the risk of a sharp downturn remains limited. Technical...
GBPUSD Technical Analysis GBPUSD is currently trading at 1.26180 on the daily timeframe. After breaking a significant level at 1.28400, the pair has been in consolidation for the fourth consecutive day. The price is currently below the 150-period...
I observe that the NZD/USD pair is currently trading within a sideways range of 0.56935–0.57880 on the H1 chart, reflecting short-term indecision. I note the RSI (14) reading of 58.8510, which suggests a neutral market bias, while the Force Index...
Hello everyone, today's review of the trading situation for the USDJPY currency pair. Timeframe H1. The current price of the currency pair is trading below 150.180. The bears are almost exhausted. A new group of players with purchases is slowly...
