THE CURRENCY PAIR EUR-JPY We all know very well that at any moment in the market, any pair can either go up or develop a downward movement, and, unfortunately, we do not know and will never know the reasons for this; therefore, probabilities are...
XAU/USD: Stuck in a Range Awaiting Breakout: The XAU/USD pair, representing the exchange rate between gold (XAU) and the US dollar (USD), is currently in a consolidation phase, trading between significant technical levels. This range-bound movement...
EUR/USD H-4 #EUR/USD H4 Euro - US Dollar. The configuration of Heiken Ashi candles together with the signals of the TMA (Triangular Moving Average) and RSI indicators for the selected currency pair/instrument allows us to conclude that the market is...
The Japanese Yen (JPY) gained some ground against the US Dollar (USD) this morning in Asian trading, continuing its recent positive momentum. This decline in the USD/JPY pair can be attributed to two main factors. Firstly, the US dollar itself is...
XAU/USD Price Movement and Market Analysis: Good day to all! As anticipated, the XAU/USD price rose significantly after declining near 2350, reaching above 2390 at the time when the Non-Farm Payroll (NFP) data was released. This movement in the gold...