T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good Morning Visitors. Let’s focus on the USD/JPY price action. USD/JPY is trading at 154.20 at the time of writing. The US dollar index is in negative territory, which indicates that the US currency...
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...
Technical analysis of WTI crude oil West Texas Intermediate (WTI) crude oil saw a sharp decline during early trading hours on Monday, settling just above a key support zone that extends as far as the $65 mark. This level has historically provided...
GBP / USD: An hourly time frame Recommendation Yesterday, the bear pressure continued in the market of GBP/USD throughout the entire day, with the sellers maintaining control and pushing the price lower. Based on the current trend, I recommend a...
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...
