Tag: Technical analysis

EUR/USD has been on a downward trend recently, with a strong break of the 55-day EMA at 1.1031 indicating a reversal in the near term. This suggests that the currency pair may experience further...

The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with support at 145.80. This indicates a positive momentum for the...

The S&P 500 saw a strong bounce last week after positive US Jobless Claims figures calmed fears about the labor market following a weak US NFP report. This has led to a decrease in...

I am being careful with risky investments right now, but I can see reasons to be hopeful. Firstly, the Federal Reserve has shown its support recently, which is a positive sign. Secondly, while there...

Gold prices saw a positive trend on Monday, continuing its recovery for the third consecutive day after a sharp decline last week. This increase was driven by speculation that the Federal Reserve might consider...

What a week it has been in the stock market! Despite the ups and downs, the S&P 500 managed to close at 5344, just slightly lower than the previous Friday. The big question on...

The EUR/USD pair saw a retreat after initially rising to 1.1007 last week, leading to consolidations. The bias for the upcoming week remains neutral at first. Although a deeper retreat is possible, the downside...

This week in the financial markets has been a rollercoaster ride, with US stock indices fighting to end on a positive note. Crude oil futures settled at $76.84, and there were key events and...