The GBP/USD pair demonstrated notable strength on Tuesday, yet it encountered significant resistance at the 1.2640 level, which prevented further advances. The pair's direction depends on whether it can firmly establish support above the key 1.2705...
USDCAD If we manage to form a three upwards, then after it, the fall will continue. From the current ones, the fall may also continue. It may be possible to make a test of 1.3617, then the false breakout of this range will be confirmed and the fall...
EUR/JPY Price Movement Our conversation today will delve into the price action analysis of the EUR/USD currency pair. The EURJPY is still trending upward to a price of 159.00. Additionally, given that the unemployment rate in Europe has remained at...
A Closer Look at Gold Prices Our conversation will center on the analysis of the Gold price action. The price recently formed a triple top at 2526.35 and appeared to be correcting downward. It's now engaging with the broader red zone, and the green...
Fundamental Analysis After falling on Friday, crude oil saw a slight increase on Monday. This development is due to the US Jobs Report, which indicated that the US economy is slowing down but is not in a recession. This news lessened the likelihood...