Gold Technical and Fundamental Analysis The gold market has a downtrend in the 30-minute timeframe, although the overall market structure remains bullish. Market structure and trend are the two most essential factors in technical analysis. When...
The US dollar remains relatively stable against the Japanese yen as it continues trading in New York, with the level of 155 yen providing a critical support zone. This area showed durability and helped prevent further descent. Just below the level...
The NZD/USD is trading near the 0.56630 ratio as of this writing in what appears to be rather cautious proceedings. The U.S Federal Reserve will release its FOMC Policy Statement later today, but most financial institutions assume the U.S central...
USD/CAD: A Guide to Trading Let's discuss the topic of the analysis of the USD/CAD currency pair's price behavior. On the four-hour time frame for the USD/CAD currency pair, the current quote stands at 1.44471, presenting a buying opportunity with a...
The GBP/USD pair continues to trade within a narrow range around the 1.2400 level as the US dollar extends its recovery ahead of the highly anticipated Federal Reserve (Fed) policy decision. Although the Relative Strength Index (RSI) on the...