Gold Prices Break Record But WTI Crude Oil Struggle

CHFJPY reversed from resistance level 170.50 Likely to fall to support level 168.95 CHFJPY currency pair recently reversed down from the key resistance level 170.50 (former double top from November). The downward reversal from the resistance level 170.50 created the daily candlesticks reversal pattern Dark Cloud Cover. Given the overbought daily Stochastic, CHFJPY currency pair […]

USDJPY bounced on Wednesday, gaining 0.7% in Asian / European trading as immediate threats of stronger escalation of the war in Ukraine started to fade, while Trump trade continues to underpin dollar. Fresh rally retraced almost 76.4% of shallow pullback (156.74/153.28), signaling that correction from new multi-month peak (156.74) might be over). The notion is […]

The GBPJPY pair, representing the exchange rate between the British Pound and the Japanese Yen, is a pivotal gauge of economic interactions between the United Kingdom and Japan. The British Pound is influenced by domestic factors such as political stability, financial data, and decisions of the Bank of England, particularly in terms of interest rate […]