Technical Analysis of Gold Once again, the price of gold is signaling further upward movement without correction, as seen on the 4-hour gold chart. For several days, the price of gold has traded in a sideways range between the 2950 level at the top...
USD/JPY USD/JPY Slides to Near 148.00 Amid Divergent BoJ Fed Expectations USD/JPY drops to 148.00 in Thursday's Asian session. A cautious risk tone and concerns regarding a global trade war keep the Japanese Yen anchored, pulling the pair down. The...
GBPJPY TECHNICAL ANALYSIS The GBPJPY currency pair is currently trading at 191.102 and remains within a defined range of 187.011 to 194.777. The overall trend continues to exhibit bullish characteristics as long as the pair sustains trading above...
I believe the bears have managed to exert some pressure on this pair, setting a temporary minimum at 1.0822, but I notice that the price is starting to bounce back upward. I think if the buyers can push the price above the 1.0880 level, the efforts...
EUR/USD Technical Analysis: EUR/USD is hovering around 1.0870, stuck in a tight range between 1.0800 support and 1.0950 resistance. Right now, the pair is lacking strong momentum, waiting for a clear breakout. A decisive move in either direction...