The Japanese Yen (JPY) strengthened against the US Dollar (USD) on Monday, buoyed by speculation about potential challenges for the Bank of Japan (BoJ) to further tighten monetary policy. While BoJ Governor Kazuo Ueda hinted at the possibility of a...
Trading journal Tuesday, November 5, 2024 USDJPY Assalamu'alaikum Good morning. I pray that all members and moderators of the Investsocial forum are in good health. How are you at the beginning of this week? May you be given good health and...
Greetings! To visualize this, I used a chart that indicates these key levels. Specifically, I pulled another Fibonacci grid on the first orange subwave of the fourth green wave and found an intersection close to the 45% level. This brings us to the...
Technical Analysis of XAU/USD on the 4-hour timeframe: The XAU/USD market showed resilience yesterday, reaching the 2780 area. Therefore, investors in the gold market were not deterred by this. This was after two pieces of negative news about the US...
Silver technical analysis Silver price stays above $32.30 ahead of US presidential elections. US Trump’s victory could be beneficial for the US Dollar and bond yields. Investors will also focus on the US ISM Services PMI for October. Silver price...