The USD/JPY currency pair is one of the most actively traded in the forex market, offering traders ample opportunities due to its high liquidity and volatility. Conducting a technical analysis of this pair involves interpreting price trends,...
The NZDJPY pair is experiencing a continuous downward trend, which may generate a death cross signal. To confirm this, we need to wait for the EMA 50 to cross below the SMA 200, indicating a widening gap. If the two moving averages still overlap,...
Gold prices experienced a three-day decline as the year drew to a close, characterized by subdued trading activity. Despite this short-term weakness, gold is poised to conclude 2024 with a remarkable 27% surge, marking its most robust annual...
General Points about GBPUSD: We observed that the upcoming UK Construction PMI news this week did not benefit buyers as expected. The anticipation surrounding the UK data led to little reaction in the market, leaving buyers in a challenging...
USD/CAD Price Movement Update The journey of the market trend from the 4-hour time frame for this week appears that the USDCAD pair has tried to rise towards the bullish zone but has not survived because until now the market has stopped in the...
