TRADING UPDATES USD/JPY The USDJPY currency pair shows a strong bullish trend based on the latest technical analysis. One technical indicator that supports this view is the position of the EMA 50 which is above the EMA 100. This condition is...
Gold market analysis: Fed officials' hawkish voice + rising housing prices have depressed gold to a one-week low On Tuesday (June 25), gold prices fell 0.63%, hitting a one-week low of 2315.58 during the session and closing at $2319.36 per ounce....
The NZD/USD currency pair, currently trading at 0.6112, has shown a bearish trend recently. This suggests a prevailing sentiment of NZD weakness or USD strength in the market. Despite the current slow movement, I believe there are factors that could...
Yesterday, GBP/USD bounced off the 1.2603 level, triggering a minor decline. Unlike the euro, the British pound may resume its downward trend if the market plans to engage in selling. At the very least, the price should drop to the 1.2633 level....
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...