The Japanese yen (JPY) has demonstrably strengthened against the US dollar (USD), driving the USD/JPY currency pair below the critical 148.00 threshold during the European trading session. This upward momentum of the yen is fueled by a confluence of...
XAUUSD TECHNICAL ANALYSIS Gold prices have been on an upward trajectory following the release of the CPI data, which has had a notable impact on the XAU/USD market. Before the data's release, the price was trading below the 2920 level. However, it...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price is currently rising and buying momentum is helping it rise. The market price broke through the resistance level, and the market price is currently forming a...
Gold is rising again and breaking out its closest resistance line at 2930. The release of US CPI data which is not good or below the forecast makes gold rise again and break out its closest resistance line. Prediction of the next gold movement, if...
As of the latest analysis, gold has reached a price level of 2843.11, showing signs that the downward trend may be concluding. This suggests a potential corrective rally towards the level of 2930.86. Overall, the prevailing scenario for gold...