The price of gold surged to $2,378 on Thursday, but then retreated slightly after the US Bureau of Labor Statistics (BLS) released positive employment data. This data is typically seen as negative for gold prices, as it suggests a strengthening...
NZD/USD H1 ANALYSIS. The NZD-USD market all through May showed no significant developments. After successfully passing the 200 daily EMA line at the beginning of May, prices were observed consolidating for quite some time around the 0.6062–0.6147...
USD/JPY Forecast Good Morning Guys! Last week was not too good for the sellers of USD/JPY. They lost up to 50 pips and raced at 156.78 zone. However, this week have some news events related to JPY MOntary Policy and BOJ's Rate Statement. So, the...
GBP/USD ANALYSIS. We should dive into the ongoing value conduct of the GBP/USD money pair. The pair crossed the bullish buy level at 1.2778 earlier this week, indicating a possible upward trend. Answering this sign, I bought GBPUSD, determining an...
The EUR/USD currency pair, which measures the value of the Euro against the US Dollar, has recently shown a notable pattern in its trading behavior. Specifically, it has dropped below its ascending channel on two distinct occasions. These...