The GBP/JPY pair has been trending downward since its peak in late October, and it's currently approaching a crucial support level at the September 30 low of 158.11. This downward trend indicates a potential for further declines. A key factor...
Date: 2nd December 2024. Dollar Strength Ahead of Key Employment Data Pressures Gold! Finance Minister Antoine Armand dismissed Marine Le Pen’s push for artificial budget deadlines, even as the far-right leader signaled readiness to topple the...
EURUSD Trading Journal Update Monday, December 02, 2024 From the EURUSD chart on the H1 timeframe, we can see that the current price trend tends to be bearish after failing to break through strong resistance around the 1.05840 level. Previously, the...
Gold Analysis During the Asian session on December 2, spot gold experienced a sharp decrease, initially dipping to 2621 and now hovering around 2629. This decline brought the price of gold below the key support level of 2640, which has kept it...
on Friday, Euro buyers failed to reach the level of 1.06091, but it was necessary to break it at any cost in order to form a breakdown of the descending structure with the possibility of further developing the upward movement. As a result, today...