Technical Analysis

The currency pair USD/JPY has recently entered a notable downward trajectory, breaching important support levels that signal a potential shift in market sentiment. Specifically, it has fallen below the 155.50 threshold, which previously served as a significant support zone. Traders and analysts are now observing a short-term bearish phase, as the pair dipped beneath 155.00.
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The Euro has recently demonstrated a significant rebound in its trading relationship with the US Dollar, indicating a newfound strength after struggling in lower zones. Floating around the 1.0210 mark for a considerable duration, EUR/USD has taken a decisive turn, climbing above the crucial resistance threshold of 1.0310. This upward movement signals an important shift
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The re-ignition of tension between the United States and its trading partners has given rise to Trade War 2.0, a term that captures the escalating economic confrontations not just between the U.S. and China, but also involving Canada, Mexico, and potentially other nations. The implications of this trade war are profound, leading to concerns about
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The current financial landscape portrays a complex scenario for the British Pound (GBP) and the Euro (EUR) against the US Dollar (USD). Recent trading activity highlights a struggle for both currency pairs, with GBP/USD facing notable resistance and EUR/GBP solidifying its downward trajectory. This article aims to dissect the technical indicators and market forces shaping
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The USD/JPY currency pair has recently settled around the 154.25 mark, maintaining this critical level for four consecutive trading days. This relative stability, however, belies the underlying bearish sentiment that pervades the market. While the currency pair seems to defy immediate downward trends, the technical indicators reveal a sobering outlook that suggests traders remain cautious.
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In a remarkable turn of events, gold prices soared to unprecedented levels, surpassing the psychological threshold of $2800. This surge, culminating in a 1.3% increase on Thursday, reflects a convergence of factors compelling investors to seek the safety of bullion. The backdrop of this recent rally is dominated by renewed tariff threats issuing from the
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As the EUR/USD currency pair sits around 1.0426 on a Thursday, market participants are left to interpret the implications of the Federal Reserve’s recent monetary policy decisions. The central bank opted to maintain its interest rate at 4.5% per annum, prompting traders to shift their attention to the forthcoming European Central Bank (ECB) meeting. This
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