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...
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...
The NZD/USD pair today halted the previous day's decline from a near three-week high, but is struggling to attract buyers. Traders are reluctant to open new positions and prefer to wait for the publication of the minutes of the FOMC meeting....
The USD/CAD pair fails to capitalize on the previous day's bounce from sub-1.4300 levels and draws some buyers during the Asian session on Wednesday. Spot prices, however, hold safely above the lowest level in over two weeks, touched on Monday and...
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...
