GBP/USD Daily Chart Analysis – 2024-03-21
GBPUSD trades lower ahead of BOE Interest Rate Decisions Technical Analysis: The GBP/USD pair has witnessed a modest uptick, reflected in the 0.08% rise to
Weekly Gold Outlook-21-03-2024
Current Factors Influencing Current Gold Prices: Gold prices surged to an unprecedented level on Thursday as the U.S. dollar and bond yields retreated following the
EUR/USD Daily Chart Analysis – 2024-03-20
EUR/USD trades Rangebound ahead of FEDs Interest Rate Decisions The EUR/USD pair showed stability in Asian trading, with a slight opening gap lower at 1.0865,
Weekly Oil Outlook-20-03-2024
Current Factors Influencing Current Crude Oil Prices: Early Asian trading saw a slight decline in oil prices as a stronger dollar and profit-taking activities weighed
USD/JPY Daily Chart Analysis – 2024-03-19
USD/JPY rises after BOJ Decisions to Raise rates for the First time in 17 Years Technical Analysis: The USD/JPY pair demonstrated strength into the Bank
Breaking New Ground: BOJ Hikes Interest Rates After 17-Year Standstill
Key Takeaways The Bank of Japan has made a significant decision to raise interest rates after maintaining them at a negative level since 2016. This
The Week Ahead-Top Economic Events impacting Currencies and Gold – 2024-03-18
Dollar Index: As of March 18th, 2024, the latest news impacting the USD revolves around various global economic events and market trends. Federal Reserve’s Interest
EUR/USD Daily Chart Analysis – 2024-03-18
EUR/USD trading lower, waiting on EUROZONE CPI and FED’s interest Rate Decisions. The EUR/USD has commenced the week with limited volatility, maintaining levels around the
Offsetting Donchian Channels and ADX for Winning Trades
The two Indicators-ADX and Donchian Channels The Average Directional Index (ADX)Intent: ADX aims to gauge the strength of a trend, irrespective of its direction. It
USD/JPY Daily Chart Analysis – 2024-03-14
USD/JPY holds steady post-CPI release The USD/JPY currency pair has been holding steady below the rebound high witnessed on Tuesday post-CPI release. The chart illustrates