The current market conditions for USD/JPY suggest a clear downside bias, with technical indicators overwhelmingly supporting a bearish outlook. One of the primary signals reinforcing this bearish sentiment is the Relative Strength Index (RSI), which...
Gold prices edged higher on Friday, driven by a combination of escalating US-China trade tensions and a mixed US jobs report. The XAU/USD pair rose 0.24% to trade around $2,862, as investors turned to the precious metal as a safe-haven asset amid...
The New Zealand Dollar (NZD) is showing signs of potential upward movement, though any significant advance is likely to face resistance. In the short term, the NZD has a chance to edge higher, but it is unlikely to break above the key level of...
The USD/CAD pair dipped to around 1.4300 during Friday's North American session, driven by mixed labor market data from both the U.S. and Canada. Canada’s employment report outperformed expectations, with 76,000 jobs added in January, well above the...
The EUR/USD pair continues to exhibit a bearish outlook as key technical indicators point toward further downside movement. The Relative Strength Index (RSI) remains below the neutral 50 level, signaling that bearish momentum is dominant. A...