The EUR/JPY currency pair, currently trading at 172.26, is experiencing a bearish trend. In this context, the bearish trend signifies that the euro is weakening against the Japanese yen. This situation can be driven by various factors, including...
AUD/USD pair may continue its downward trend and may reach 0.6500. Thus, the wording of the statement and comments by Bullock may determine the future action of the AUD/USD pair. In preparation for the RBA showdown, major banks such as Societe...
To analyze the current movement of a financial instrument, traders often rely on a variety of technical analysis indicators. Among the most popular and effective indicators are the Extended Regression Stop and Reverse (ERSAR), the Relative Strength...
The trading week for gold has concluded with a notable development. Despite an initial upward movement that completely closed the sell zone imbalance, the price sharply reversed downward. This reversal formed a pin bar with a tail in the sell zone,...
GBPUSD Today, Saturday and Sunday, it is completely quiet. This gives us the opportunity to review last week's GBP/USD prices and discuss what's coming next week. Looking at the H4 chart, it can be seen that the GBP/USD parity has fallen between...