The USD/JPY currency pair encountered significant resistance near the 160.00 mark as the yield on the US 10-year Treasury note dropped by three and a half basis points. This decline created headwinds for the Greenback, given the positive correlation...
Silver: Key Patterns and Signals The current analysis of the Silver price behaviour is open to debate. On the daily chart, the price remains within the ascending channel. After reaching this channel's lower limit, the price reversed and started to...
Crude Oil Price Action The discussion is currently analysing the Crude Oil price behaviour. The lower boundary of the Ichimoku cloud serves as a strong support, while the upper boundary acts as a strong resistance. When the price enters the cloud,...
A bearish week for the brace, as the price began trading within the price triangle that was formed as a result of the confluence of the bearish red channel,whichrepresentsthe price movement during the former week only.The blue upward channel...
The GBP/USD exchange rate, currently at 1.2640, reflects the relationship between the British pound (GBP) and the United States dollar (USD). This pair is one of the most traded currency pairs in the forex market, known for its liquidity and...