Category: Technial Analysis

USDJPY, “US Dollar vs Japanese Yen” USDJPY is trading at 115.42; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 115.10 and then resume moving upwards to reach 116.70. Another signal in favour of a further uptrend will […]

EURUSD, “Euro vs US Dollar” In the H4 chart, after leaving the consolidation range and breaking 2/8, EURUSD is trading below it. In this case, the price is expected to test 1/8, break it, and then continue falling to reach the support at 0/8. Still, this scenario may no longer be valid if the price […]

Gold prices fell today, Monday, in spot transactions, abandoning the highest level it reached in 3 months, which was recorded in the previous session. The decline in the yellow metal is strongly influenced by the dollar and bond yields, although losses were limited; Increasing tensions surrounding Ukraine have supported the demand for safe haven. Gold […]

Metals Higher As Markets Fall On War FearsThe metals complex is starting the week in quieter fashion following the big moves seen on Friday as gold prices broke out to their highest levels since November 2021. The move was primarily seen in response to the drop in equities prices as risk sentiment continues to weaken […]

CitiEuropean OpenRisk appetite did not receive any love in Monday’s Asian trading after getting tackled hard on Friday post the European close by negative geopolitical headlines. USD was flat in Asian trading after rallying into the NY close, while JPY and CHF were up a tad. Risk currencies AUD and NZD saw drops. Equities, which […]

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after breaking the previous high, the asset continues trading upwards. In the future, the pair may reach and break the long-term 61.8% fibo at 1908.00. At the moment, XAUUSD is testing 50.0% fibo. The H1 chart shows that after finishing the mid-term […]

EURUSD, “Euro vs US Dollar” Having completed another descending structure at 1.1329, EURUSD is expected to grow and test 1.1373 from below. Later, the market may start a new decline to break 1.1320 and then continue trading downwards with the target at 1.1280. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is forming a new […]

Most of the world’s countries are fighting a battle to counter the negative impacts of climate change by expanding green investments and clean energy projects. To avoid the consequences of climate change, he is driving the adoption of policies needed to eliminate global carbon emissions by 2050, often focusing on emissions from sources of power […]

Yields in the United States have risen amid volatile trade, with all eyes on Russia and the Federal Reserve. In tumultuous trading on Monday, benchmark 10-year Treasury yields climbed as hawkish comments from a Federal Reserve member were matched with White House signals over the weekend that a Russian invasion of Ukraine might happen at […]

Q4 Earnings Fail To Lift PricesShares in US sportswear giant Under Armour fell sharply on Friday despite a set of better-than-expected Q4 earnings. UAA saw earnings per share of $0.23, far above the $0.06 Wall Street was looking for. Revenues were also higher than expected at $1.529 billion, versus $1.469 billion expected. While these releases […]