News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
USDJPY currency pair - let’s look at the D1 period chart. At the end of December, a narrow range formed at the top of the D1 movement; the price sawed sideways within that range for over ten days. The ascending wave structure continues, and the MACD...
The EUR/JPY currency pair exhibited a momentary pause in its bullish momentum on Monday, experiencing a second consecutive day of gains while hovering near the 162.70 mark during Asian trading. A closer examination of the daily chart reveals a...
Silver technical analysis Silver price trades sideways above $30.00, with investors focusing on Trump’s inauguration ceremony. US Trump’s policies are expected to be pro-growth and inflationary for the economy. Easing geopolitical tensions in the...
Navigating the GBP/USD Prices Our dialogue involves the ongoing study of the GBP/USD pricing movement analysis. The GBP/USD pair begins the week on a cautious note, currently trading near the 1.2179 level on the H4 timeframe. After facing...