Gold Market Closing Analysis Today, the gold market exhibited significant bullish momentum. The day began with relatively stable consolidation, but gradually, buyers began to take control of the market. Analyzing the chart reveals that prices have...
Silent Points about GBPNZD So far, the GBPNZD market has broken the 2.1935 level and may move further down, indicating a possible continuation of the bearish trend. New Zealand's dollar has not gained significant strength from recent news events,...
Evening Star Candlestick Chart Pattern The Evening Star is a bearish candlestick pattern that typically signals a potential reversal at the top of an uptrend. It consists of three candles: First Candle (Bullish): A large green (bullish) candlestick...
The persistent rise in inflation supports the case for the Bank of Japan (BoJ) to consider tightening its ultra-loose monetary policy, a move that could impact the Japanese Yen's performance against major currencies. On the US side, the Federal...
USD/JPY Analysis: Bearish Momentum and Key Resistance Level Recent Price Action The USD/JPY currency pair has demonstrated a strong bearish movement recently, breaking below a significant support level at 153.74, which has now turned into a...