XAU/USD For the second day in a row, there is some selling pressure on the gold price (XAU/USD), which on Wednesday afternoon in the Asian session hit a low of more than a week. In light of the robust US economy, remarks made on Tuesday by Federal...
USD/JPY Monday, the day for the dollar and yen passed with a decline. The price tested support 158.986, it tested resistance 159.733. The day closed below these marks, when the price tests resistance, tests support and remains between levels, then...
The GBP/USD currency pair displayed a lackluster performance on Tuesday, mirroring a broader market trend characterized by investor caution. The absence of significant economic data left traders hesitant to make decisive bets, resulting in the pair...
The Euro is attempting a comeback after a worrying dip to 1.0670 last Friday. This week starts on a more optimistic note with investors favoring riskier assets, leading to a weaker US dollar and a stronger Euro. This positive sentiment precedes a...
EUR/JPY/H1 The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H1 timeframe chart at 168.720. Once this level is hit,...