Points takeaway about CADJPY The market trend today is expected to lean toward the sellers. Several factors are contributing to this outlook, with key news events like the Canadian Core Retail Sales data and other related announcements that have the...
Gold prices experienced a significant rally, reaching $2,695 during the Asian trading session on Monday, driven by a confluence of factors. While the strengthening US dollar ahead of the inauguration exerted some downward pressure, the market...
GBP/JPY Price Analysis Japan’s National Consumer Price Index (CPI) climbed 3.6% YoY in December, compared to the previous reading of 2.9%, according to the latest data released by the Japan Statistics Bureau on Friday. Further details unveil that...
Gold maintains bullish momentum, tracking record highs Gold continues to show strong bullish momentum supported by larger trends influencing shorter time frames. The precious metal broke sharply above December's monthly high of $2,726 on Tuesday,...
GBP-USD PAIR ANALYSIS I opened a buy position at the level of 1.2380 after the price managed to break through the minor resistance at 1.2370. I placed my stop loss at 1.2350 to minimize risk, and the profit target at 1.2410. After opening the...
