General points about USDJPY: Although there have been no notable JPY-related news events this week, as they were not included in the calendar, the overall trend for USDJPY has been in favor of buyers. The market has shown a clear upward trajectory,...
Gold retreats in a sharp two-day correction On Friday, gold extended its two-day bearish correction after testing resistance at Thursday's previous swing high of $2,721 (B). The sell-off was significant, with prices hovering near daily lows around...
The Swiss National Bank thus cut its key deposit rate by 50 basis points from 1.00% to 0.50% today, surprising markets that had expected a 0.25% cut. An accompanying central bank statement said the bank's management "will continue to closely monitor...
Technical analysis of XAUUSD If you look at the gold market price on the H1 time frame, this time, the price is in an uptrend, the price is standing at the 2654 resistance level, and the ascending channel is helping the price to move higher. . If...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices are rising but are trying to change their structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
