Forecast of Gold Looking at the various timeframe charts of Gold, I noticed the erratic movement since the start of the New York trading session. Even this dramatic movement can be judged by the final candle of the H4 time frame chart, which shows...
USD/JPY USD/JPY outlook: The USD/JPY currency pair has been in focus lately, with the exchange rate hovering around 157.72. As market participants keep a close eye on the pair, both U.S. economic data and Japan’s monetary policy are playing pivotal...
Forecast of Silver The price of Silver has been rising overall since the previous week on the lower time frame charts because, on Thursday of last week, it crossed the moving average lines to the upside on the H4 time frame chart. However according...
Recent economic data from the Eurozone highlight contrasting developments that influence the EUR/USD dynamics. Germany, often regarded as the economic engine of the region, reported unexpected growth of 0.2% quarter-on-quarter in Q3, despite...
The US dollar gave up gains against most currency pairs, allowing the euro to seize the moment. While this move up may seem tempting to some, it probably sets the stage for a solid selling opportunity. The recent market recovery looks more like a...
