GBP-JPY PAIR ANALYSIS The weakening outlook of the Japanese Yen currency for the past two days seems to have led to an upward rally for the GBPJPY pair price to reach above the psychological level of 198.00. The price increase rally that started...
During my daily analysis of the major currency pairs, the USD/CHF pair has captured my attention as we have seen quite a bit of volatility. What has captured my attention more than anything else is that it appears that the 0.90 level has offered a...
Gold Market Analysis The gold market is currently in an uptrend, with prices trending upwards in the 30-minute timeframe. The general sentiment is positive and supported by key technical indicators and moving averages. The price is trading above the...
EUR/USD Technical Analysis: When we analyze the 4-hour time frame for EUR/USD, we can observe that the market is currently in a strong downtrend. The market structure is clearly in a sell mode, with lower highs and lower lows forming, indicating a...
Based on my analysis, the price of gold has struggled to break below the key level of around 2,600, which has acted as a strong support for a prolonged period. Now, the market is approaching a critical resistance at 2,679.84, and I believe this...