The GBP/JPY market opened today without any surprises, during the Asian session the price is being pushed northwards quite confidently and buyers have already managed to update the maximum of the previous daily range. As I have already noted...
Forecast of EURJPY Daily time frame chart outlook: Last Wednesday, the EURJPY broke over the biggest resistance level of 171.53 on the daily time frame chart. The EURJPY even approached this price level again on Friday. However, this time, the price...
GBP/USD: Technical Outlook The GBP/USD currency pair exhibited a significant bearish correction following the market opening on Monday. After initially moving upwards to the 1.2689 level, the price faced a decline, marking the beginning of a...
The USD/CAD currency pair stayed mostly stable for most of the week, moving within a familiar range with only small changes. However, on Wednesday, important news about the US dollar caused a big reaction in the market, making the USD/CAD pair drop...
XAU/USD The gold price (XAU/USD) drew some dip buyers in the $2,319–2,318 range and closed higher at the beginning of the week on speculation that the Federal Reserve (Fed) will lower interest rates in September. According to the US ISM PMI, factory...