The gold price changes over a specific time period are depicted on the 15-min candlestick chart that is provided. Let’s break down the key aspects: Trend and Change in Prices The chart shows that gold prices are slowly falling in a downward trend....
The Japanese Yen (JPY) is currently trading in negative territory, despite expectations of higher employee pay and potential interest rate hikes from the Bank of Japan (BoJ). The upcoming Shunto pay negotiations in Japan are expected to result in...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.26045 on the hourly timeframe. The pair has been in a strong downtrend, as indicated by the price movement below the 150-period moving average. The market structure shows a series of...
Trading Strategy for GBP/JPY on M15 Time Frame Overview Today, my trading strategy focuses on the GBP/JPY currency pair, specifically on the M15 (15-minute) time frame. Given the current market conditions, I am targeting short positions,...
General Points about USD/CAD: The Canadian GDP rate being on the negative side has led to a decline in the value of the Canadian dollar. Weak economic growth has put pressure on the currency, making it less attractive to investors. A slowing economy...
