USDJPY Daily Outlook The daily chart of the EUR/JPY pair shows that the market is breaking its recent long-term downtrend, indicating a change in the trend structure. This trend line, which began at the all-time high of 165.50 in early October 2024,...
General Points about AUDUSD: The AUDUSD market has now climbed to the 0.6325 level, mainly because recent U.S. FOMC Meetings and the Empire State Manufacturing Index didn’t provide much support for the USD. As a result, AUDUSD buyers have been...
General Points about USDCAD: Basically, due to the negative Empire State Manufacturing data from the U.S., the value of the U.S. dollar has declined, and sellers have become even stronger. The recent release added pressure on the dollar, reducing...
Technical Analysis of Gold The technical analysis of gold on the 4-hour chart shows the formation of a price peak at the opening price of the week after encountering resistance from the upper channel line. This week, the price of gold begins...
Market Fundamentals: Gold prices remain supported amid a backdrop of rising geopolitical tensions, persistent central bank buying, and uncertainty surrounding former U.S. President Donald Trump’s proposed tariff policies. These factors have...
