The chart you provided is a weekly candlestick chart of the EUR/JPY currency pair. Here's an analysis based on the visible data: 1. **Trend Analysis**: - The chart shows a significant downtrend from 2017 to 2020, followed by a recovery that has...
Navigating the AUD/USD Price Prediction This week promises to be a rollercoaster ride for the currency market, particularly for the AUD/USD pair. All judgments are glued to the upcoming inflation data from the United States, which is expected to...
The EUR/USD pair experienced a decline around the 1.0740 level on Monday during the early Asian session. This movement was influenced by a combination of cooler US PCE inflation data and better-than-expected Eurozone HICP inflation figures. As the...
The NZD-USD market has taken a different path compared to last week. While the candlestick's direction remains stable, there's a slight downward adjustment. As the week ends, a bullish market situation is evident, but prices struggle to surpass the...
The second chart you provided is a monthly candlestick chart of XAU/USD (Gold/US Dollar). Here's an analysis based on the visible data: 1. **Trend Analysis**: - The chart shows a significant uptrend from mid-2019 to mid-2020. - Following this, there...