The USD/JPY pair is currently positioned near a critical pivot point at 153.10, which will determine its next significant move. A bearish outlook is favored if the price drops below this level, with targets at 151.70 and, in extension, 151.25. These...
China resists Trump's pressure by strengthening the yuan The Chinese authorities are facing new tariff threats from US President-elect Donald Trump and are strengthening control over the yuan exchange rate. Immediately after the end of the US...
USD-CAD H1 TIME FRAME Based on the USD/CAD chart on the H1 timeframe, it can be seen that the currency pair is currently in a consolidation phase after experiencing a significant increase in the previous session. The increase peaked in the strong...
USD / CHF: H4 Trading Recommendation My recommendation for USDCHF is that we should go in the upward direction as the bulls are strong this week. The market of USDCHF has not yet undergone a correction process, indicating that the current upward...
Gold price gains follow-through traction for the second day amid trade war concerns. Subdued USD price action and geopolitical risks also benefit the safe-haven XAU/USD. Traders look to the US Q3 GDP print and the US PCE Price Index for fresh...
