EUR/USD D-1 Timeframe Analysis: The EUR/USD market today shows a decline in prices on the daily chart, with the price anchored below the 133-period moving average, indicating a continuation of the trend. The shorter time frame also shows the price...
GOLD MARKET ANALYSIS On Tuesday (June 11), gold continued to rise slightly by 0.2% driven by short-covering adjustments, closing at $2,316.26/oz. Investors are in a cautious trading mood before waiting for key US inflation data and the Federal...
USDJPY MARKET ANALYSIS On Tues1day (June 11), the US dollar index rose 0.1% to 105.24 in late trading, and rose as high as 105.46 during the session, the strongest level since May 14. USD/JPY did not change much, remaining slightly above the...
The pair has shown significant strength, rising to 1.3790 amidst the consolidation of the US Dollar (USD) on Wednesday during the early European session. This movement comes despite recent Canadian CPI inflation data indicating softness, which has...
GBP/JPY Forecast: Steady around psychological resistance The continued weakness of the Japanese Yen allows bulls to have a strong grip on the development of the GBP/JPY exchange rate, as the pair is stable around the resistance level of 200.55 at...