•••EUR/JPY Daily Analysis: November 17, 2024••• ••Introduction EUR/JPY remains in focus as traders analyze its price movement amidst uncertain macroeconomic conditions. The pair trades around 162.60, reflecting mixed signals from both the Eurozone...
Good Afternoon my all friends.The EUR/GBP chart indicates a strong bearish trend dominating the market since mid-2024, as evidenced by the price consistently staying below the Ichimoku Cloud. The Ichimoku Cloud, or Kumo, acts as a dynamic...
Fundamental Analysis Fundamental Analysis is a method used in trading and investing to evaluate the intrinsic value of an asset by analyzing economic, financial, and other qualitative and quantitative factors. This approach is widely used in Forex...
Crude oil prices have been trading below the pivot point of 71.00 since the start of the week. The prices have also been below the two moving average lines, but without a death cross signal. The trend has shifted to bearish, with the price...
The USD/CAD pair surged past the 1.3950 resistance level on Monday, driven by a strengthening US dollar and expectations of continued monetary tightening by the Federal Reserve. The US dollar index (DXY) climbed to a four-month high of 105.60,...
