The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...
US West Texas Intermediate (WTI) crude oil prices took a tumble on Tuesday, falling below $80.50 after briefly touching $81.50. This decline stemmed from a combination of factors. First, optimism lingered in the market that crude oil stockpiles...
Hello all traders how are you? Gold prices took a sharp turn on Friday, reversing course and dropping over 1.7%. This decline came after positive US economic data fueled investor expectations for a slower pace of interest rate cuts from the Federal...
EUR/USD D-1 In this analytical post, I would like to open the daily chart. In essence, the situation there has not changed since my last trading post. The euro/dollar pair is still trading within the downward price channel, which was formed at the...
TRADING UPDATES USD/JPY The USDJPY currency pair shows a strong bullish trend based on the latest technical analysis. One technical indicator that supports this view is the position of the EMA 50 which is above the EMA 100. This condition is...