[USD/JPY] 158 Yen Range After Sideways Movement
On January 2, the first trading day of the year, the dollar strengthened against the yen, reaching 157.77 yen before falling back to 156.44 yen. In the New York market, …
[XAU/USD] U.S. Employment Data and Interest Rates
At the start of the year, gold buying was strong, but the next day, prices began to drop. This was due to the U.S. ISM Non-Manufacturing Index being lower than …
Triple Candlestick Patterns
Wait! We still have another candlestick pattern that you have to learn before you start the trading. Let’s dig more into it in this lesson. Next Topic: Candlesticks with Support …
[EUR/USD] Exchange Rate Forecast for 2025
Under the Trump administration, higher tariffs and political instability in Germany and France are expected to weaken the euro further. Additionally, with the economy slowing down, the European Central Bank …
[USD/JPY] Exchange Rate Forecast for 2025
Last year, the USD/JPY exchange rate started at 140.80 yen and climbed to 161.95 yen before dropping to 139.58 yen. It closed near the high at around 158 yen. Overall, …
[XAU/USD] Gold Price Forecast for This Year
Last year, the price of gold started at a low of around $2,000 and rose to a peak near $2,800. It was almost a steady upward trend. This increase was …
Guide to How to Deposit
In our previous post, we showed you how to open a trading account. Today, we’ll guide you through the deposit process, ensuring your funds are ready for trading opportunities in …
[EUR/USD] Closes Near Low Levels
Yesterday, the euro rose in the European market, supported by rising stock prices, reaching 1.0457. However, U.S. long-term interest rates fell. When the Chicago Purchasing Managers’ Index was released and …
[USD/JPY] Yen Strengthens Across the Board
Yesterday, in the Tokyo market, USD/JPY faced resistance at 158.07 yen, close to last weekend’s high of 158.08 yen. This confirmed the difficulty in breaking above the 158-yen level. In …
[XAU/USD] NY Stock Drop Triggers Risk-Off Sentiment
Yesterday, the NY Dow fell by over 700 points at one point, which increased risk-off sentiment and caused gold prices to rise. Many market participants are still on holiday after …