I use the Ichimoku Cloud with HFM to identify trends, potential support and resistance levels, and trading signals. When the price is above the cloud, it's a bullish signal, and when it's below, it's bearish. The crossing of the Tenkan-sen...
The British Pound (GBP) weakened against the US Dollar (USD) last Friday, with the GBP/USD pair dropping to around 1.2660. This decline coincided with a rise in the US Dollar Index (DXY), which measures the strength of the USD against a basket of...
Gold price forecast today: Buying strategy is still the best Gold futures suffered a sharp sell-off at the end of the last trading week as investors took profits. But gold is still expected to achieve weekly gains and maintain its year-to-date...
The EUR/JPY rollercoaster ride continued on Friday. Early in the Asian session, the pair took a tumble, reversing some of the gains it made the previous day when it reached one-week highs above 170.00 pips. This pullback happened despite an initial...
According to Bailey, the good news is that inflation has returned to the 2% target. However, the central bank wants to ensure that it remains near this mark, so it has decided to keep the rate unchanged at the current level of 5.25%. Indeed, the...