Daily Time Frame Outlook: USDJPY on the daily timeframe shows significant bullish signs. One of the main indicators that supports this view is the position of the 50 EMA which is above the 100 EMA. This shows a strong bullish trend, considering that...
Technical Analysis: USDCHF Pair and Trading Strategy Observing the price movement of the USDCHF pair, it is currently attempting to surpass the pivot point (PP) at 0.8960 after failing to decline further towards support (S1) at 0.8881. The price is...
USD/ CAD Price Move In this analysis, we’ll delve into the price action of the USD/ CAD currency pair. Our primary objective is to capitalize on potential profits by buying at the crucial support level. If the price reaches or surpasses the previous...
The GBPUSD pair basically still has the opportunity to continue its upward rally towards the 1.2800 level. Because if we pay attention, the direction of the ongoing main trend remains in a bullish condition. Even though it weakened due to the...
Hello all, Gold prices rebounded by more than 1.2% to close at $2,355.49 per ounce on Wednesday, June 5, fully recovering the losses from the previous trading day. Weaker-than-expected U.S. private employment data, released on Wednesday, reinforced...