Bank of Japan (BoJ) Governor Kazuo Ueda has indicated that the next interest rate hike is approaching as economic data continues to align with expectations. However, he emphasized the importance of assessing the momentum generated by Japan’s fiscal...
EURUSD Analysis The EUR/USD pair recently appeared in an ascending triangle formation, signaling a possible trend change. The pair attempted to move higher, but encountered stiff resistance near the 1.0520 level. As the support line broke below the...
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Gold experienced a significant bearish reversal on Thursday, breaking both the 20 -day mobile (MA) mobile at $ 2,893 and a weekly minimum prior to $ 2,853. This marked the first decrease to a lower weekly minimum in eight weeks, indicating that the...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis; the market price is between 1.2620 resistance and 1.2520 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
