Gold Market Technical Outlook for Today This sentiment is particularly evident in the XAU/USD pair (gold priced in US dollars). It appears sellers are poised to breach the 2285.00 resistance level soon. Although positive economic data releases,...
CANDLESTICKS AND ITS STRATEGY Candlesticks are a popular tool used in technical analysis to predict price movements in financial markets. Developed in Japan in the 18th century, candlesticks are a visual representation of price action, showing the...
The CHF/JPY currency pair represents the exchange rate between the Swiss Franc (CHF) and the Japanese Yen (JPY). This pair is one of the numerous cross-currency pairs in the foreign exchange (forex) market that do not involve the US Dollar (USD)....
EUR/USD Pair Analysis: A Bearish Breakout Today, the EUR/USD pair has shown a decisive bearish movement, successfully breaking below the 1.0768 level on the H4 chart. This move completes the gap that had formed previously, aligning with my earlier...
Can the yen turn around? How will the Bank of Japan's next move affect global currency markets? Amid the volatility of the global economy, the yen, as one of the safe-haven currencies, has been closely watched by investors. This article will explore...