The daily chart of NZD/USD exhibits a persistent downtrend, characterized by a series of lower highs and lower lows. The price is currently trading around 0.5555, approaching a critical support level near 0.5550, which has been tested multiple times...
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The GBP/JPY currency pair exhibited some recovery during Monday's European trading session, managing to climb back to around the 191.50 level after recent declines. However, the pair's upward movement faces significant headwinds due to growing...
USD/JPY H1 chart: The USD/JPY market is currently trading at 155.35 and is trending up. On the H1 chart, the price tested my resistance level at 155.75 and is currently moving towards my support level at 155.0, which coincides with the 100 EMA. On...
Gold prices surged to a new record high on Friday, decisively breaking through the psychological barrier of $2,800 per ounce. This significant move extended the precious metal's gains following a robust 1.3% increase on Thursday. Several key factors...