USDJPY MARKET ANALYSIS On Tuesday (June 25), USD/JPY rose 0.1% to 159.68, remaining in a narrow range. The dollar's rise on Tuesday was mainly supported by hawkish comments from Federal Reserve officials and US data showing a stable housing...
The USD/CHF pair is currently trading around 0.8962, and the prevailing trend appears bearish. This suggests that market activity is subdued, potentially building towards a significant movement in the near future. Traders and analysts often observe...
H4 Trading Chat On GBPUSD: Let's look at the chart of the H4 period - the GBPUSD currency pair. The wave structure here began to build its order downward, the MACD indicator is in the lower sell zone. If you overlay the target Fibonacci grid on the...
Gold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yields, spurred by Federal Reserve (Fed) Governor Michelle Bowman's hawkish comments. The XAU/USD...
This week starting from Monday the market is being corrected upwards, but has not been able to touch the 100 period simple moving average line, however, for the monthly trend, the price still appears to be running in the bearish zone. On the EurUsd...