The approaching European Central Bank (ECB) meeting is set to significantly influence the EUR/USD trading pair, adding a layer of complexity to the market. The ECB is anticipated to announce a 25 basis point reduction in interest rates, lowering the...
Buyers are actively developing the upward movement, apparently trying to form another update of the historical maximum. To do this, they first need to break through and consolidate above the level of 2704.17, the first target will be the mark of...
CHF / JPY: H4 Time Frame Recommendation The CHFJPY investors can enter the market from the buy side with a goal of 171.66 assists. Over the last week, the market completed its correction process, signaling an opportunity for buyers to take...
Technical analysis USD/JPY D-1 Hello colleagues! What is form monitoring? And what is it for? I can still see a decline in USD/JPY. Here's how things stand on the daily chart using the indicator technology: MA100 is working through a space almost...
Gold Analysis Gold prices hovered at high levels during the early Asian session on Thursday, December 12. Spot gold is currently trading at around $2,719.22 per ounce. As investors await U.S. producer price index (PPI) data to provide further...