The USD/JPY currency pair surged to the mid-154.00s during the European trading session on Tuesday. This upward movement was primarily driven by uncertainty surrounding the Bank of Japan's (BoJ) monetary policy and a generally positive risk...
Forecast of Gold The price of Gold has been steadily rising since the beginning of the previous trading day because it crossed the 26 and 50 EMA lines to the upside early yesterday morning on the H1 time frame chart. However, the Gold also crossed...
The price attempted to rise but was hindered by the obstacle of the EMA 200 H1, which was parallel to the EMA 633 H1 during the Asian session. However, the oversold market condition provided buyers with another opportunity. The price moved up from...
Trend Analysis for the Gold Market From the level of the price of gold, which currently stands at about 2750.21, there has been a retreat from the peak value it reached recently at about 2767.26. The pullback depicts that the price adjusted downward...
General points of USDCAD: Currently, the USDCAD market is trading at the 1.4022 level, marking a critical point as participants consider the effects of domestic and international economic data. With multiple news reports emphasizing the Canadian...