The gold spot price recently traded around $2,630 per ounce, recovering from the 50-day Simple Moving Average. This increase came after a significant price drop, as traders responded to a market downturn caused by global growth concerns. On Monday,...
As of September 24, 2024, the USD/JPY currency pair is exhibiting a slow yet bearish trend. The pair has shown signs of weakness due to various market factors, particularly the ongoing pressure from Japan’s struggling manufacturing sector and weak...
USD-CHF PAIR REVIEW let's take a look at the H4 timeframe on the chart. We can see that the price is in the consolidation area after experiencing a fairly long sharp decline in August. The two supply and demand areas are quite clearly visible here,...
EUR-JPY PAIR ANALYSIS The EURJPY market has been moving positively today. In the Asian session, the market opened at 159.47. The price had consolidated at the beginning of the market with the EMA 633 H1 between the daily open and its closest...
The spot price is on a remarkable winning streak against the US Dollar (USD), marking its third consecutive session of gains. On Tuesday, the pair reached a new two-year high of 1.3400, a significant milestone as the US Dollar drifts toward a...