XAU/USD analysis: According to the daily (D1) chart, the market is currently experiencing a correctional decline. This decline is targeting a support level around 2300, which is a critical area for market participants to watch. If the price reaches...
The pair continues its downward trajectory, hovering around 1.0711. This marks the second consecutive day of losses for the pair, reflecting a prevailing bearish sentiment highlighted in recent technical analysis. Specifically, the four-hour chart...
The pair fell below 1.0700 on Thursday, erasing recent gains as confidence in the Euro (EUR) weakened due to political instability within the European Union (EU). This decline coincides with disappointing US Producer Price Index (PPI) figures, which...
Market Overview: EUR/$ pair is trading at the 1.0715 level. Current market sentiment reflects cautious optimism with a development influenced by a mix of economic indicators and geopolitics. The market is still in a state of volatility, with periods...
USD/JPY PAIR REVIEW The Japanese yen settled lower around 159.93 to the US dollar after threatening to breach the important psychological level of 160, which had previously prompted the Japanese authorities to intervene in the Forex currency...