The EUR/JPY currency pair has been exhibiting notable signs that a continued downward trend might be imminent. In recent trading sessions, the pair has consistently closed below the crucial 171.05 level. This sustained weakness is further...
Trading Updates Gold The price movement starting this morning has touched the 100 period simple moving average zone. From several explanations, it has been concluded that for trading at the beginning of the week, it seems that the GOLD market has...
XAU/USD For the second day in a row, there is some selling pressure on the gold price (XAU/USD), which on Wednesday afternoon in the Asian session hit a low of more than a week. In light of the robust US economy, remarks made on Tuesday by Federal...
GBP/USD H4 The GbpUsd market pair which took place last Friday was successfully maintained in the hands of the sellers who were able to enter more than the buyers so that the sellers were able to dominate trading by continuing to suppress bearish...
EUR/GBP UPDATES The EURGBP pair experienced a decline towards the demand area 0.8435 - 0.8429, making the direction of the bullish trend weaken. The reason is that the price is currently still below the 200 SMA, while the 50 EMA appears to be...