The currency pair is currently trading within a defined range, struggling to gain significant upward traction. While there have been some signs of stabilization after a recent dip, the pair continues to encounter strong resistance levels. This...
THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that a weak upward trend has been prevailing this week. The BoA (50) indicator is consistently below the price. In this situation, the right...
The potential for further interest rate cuts from the Reserve Bank of New Zealand (RBNZ) is weighing heavily on the Kiwi, while geopolitical tensions, particularly the ongoing US-China trade dispute, are creating a climate of uncertainty that is...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello, in this article, we will take a closer look at the evolution of the price of XAU/USD. Let's see how XAU/USD performs in the next trading session. XAU/USD is trading at 2629.17 at the time of...
The bullish momentum enjoyed by the euro experienced a setback on Tuesday, pushing the EUR/USD pair below the 1.0500 level. This decline coincided with market anticipation for the Federal Reserve's final interest rate decision of 2024, scheduled for...
