GOLD MARKET ANALYSIS Spot gold climbed 1.3% to $2,332.55 an ounce on Friday (June 14). Signs of slowing inflation in the United States have raised hopes for a rate cut later this year, and a sharp drop in European stocks last Friday also supported...
XAU/USD Analysis Some of Friday's gains are being reversed, and gold prices may again face resistance above $2,330 on Monday. The pause in US dollar (USD) gains did not help gold prices as US Treasury yields rose after falling the previous week....
USDJPY MARKET ANALYSIS On Friday (June 14), USD/JPY rose 0.17% to 157.29 in late trading. Earlier, it reached 158.26, the highest since April 29. Last Friday, the Bank of Japan decided to keep interest rates unchanged at the interest rate meeting,...
Good morning, happy colleagues. Price movements in the previous session had a significant impact, although not perfectly as expected. However, this event provides a useful picture for directing today's trading strategy. The focus remains centered on...
USD/JPY On Monday we will look at the chart of period D1 - the USDJPY currency pair. Over the past trading week, the price moved in different directions, sellers temporarily won, but overall buyers prevailed. The wave structure remained ascending,...