The spot price has managed to retain some of its earlier gains, though it remains significantly below the weekly highs. During the European session last Monday, the pair briefly surged to approximately 1.2800, but by the market close, it had settled...
The market sentiment for the XAU/USD pair is in favor of buyers. And the bullish scenario may help buyers to cross the 2710 area next. In addition, the US dollar sees several news events next week, such as the Philadelphia Fed Manufacturing Index,...
Business Analysis and Advice on Japanese Yen Trading A test of the 152.82 price level occurred when the MACD indicator moved well below the zero level, limiting the pair's downside potential. For this reason I did not sell the dollar. Following the...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...