I currently see a clear bearish signal on the chart of the currency pair/instrument in the form of Heikin Ashi candles. I believe it is advisable to focus only on sell positions at the moment. I find that the combination of volume spread analysis...
NZD/JPY Analysis Update Friday, January 10, 2025 The ongoing downward rally in the NZDJPY pair is likely to produce a death cross signal. Just to make sure, we need to wait for the EMA 50 that crosses the SMA 200 downwards to widen. If the two...
•••Gold Price Holds Steady Amid Economic and Geopolitical Tension(January 10,2025)••• • As of January 10, 2025, gold has remained steady, trading around $2,670 per ounce. With the world economy in a state of flux, gold continues to draw interest...
GBP/USD Technical Analysis In the one-hour timeframe, the GBP/USD pair is currently trading with a clear sell structure. The price is positioned below the 50-day Simple Moving Average (SMA), which signals bearish momentum in the market. The key...
The European Central Bank (ECB) has lowered its three key interest rates by 25 basis points, bringing the deposit rate to 3%. In its latest monetary policy statement, the central bank reaffirmed its commitment to achieving its 2% inflation target...
