The Japanese yen exchange rate against U.S. dollar debt. against the dollar seems unlikely until later this week. Immediately after the Bank of Japan’s June meeting, the USD/JPY pair rose to around 158.00, leaving interest rates unchanged....
EUR/USD ANALYSIS. The EUR/USD currency pair has moved higher after breaking out of its morning range of 1.0686-1.07075. The possibility of an update to the local maximum of 1.06847 is indicated by this upward movement. The pair will most likely...
Gold remained strong on Friday, testing resistance around the 50-day moving average (MA), which is currently at $2,345. Notably, the 20-day MA was in line with the 50-day, indicating a similar value. When the 20-day MA crosses the bottom of the...
AVERAGE TRUE RANGE Average True Range (ATR) is a technical indicator that measures the volatility of an asset's price ¹. It was introduced by Welles Wilder in his book, “New Concepts in Technical Trading Systems“, and it is used to create a tool to...
The Euro continues its downward spiral against the British Pound, reaching a new 22-month low of 0.8400 on Friday. This latest drop extends a three-month decline that began in April, when the pair traded above 0.8600. Political uncertainty in Europe...