USDCHF Bullish Trend Supported by Ichimoku Cloud image Solid ECN - The USDCHF currency pair trades sideways above the 0.8782 resistance level inside the Ichimoku cloud. It's worth mentioning that the Ichimoku cloud adds an extra layer of support ...

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Saudi Arabia's Dec 2023 Trade Surplus Dips Amid Lower Sales Solid ECN - In December 2023, Saudi Arabia's trade surplus shrank to SAR 38.2 billion from SAR 44.2 billion the year before. The country's exports dropped by 9.7% to SAR 98.5 billion, ...

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GBPJPY Crosses Minor Resistance image Solid ECN– The GBPJPY currency pair has crossed above the 189.5 minor resistance in the 4-hour chart and is currently testing the broken resistance. The GBPJPY chart above shows that the bulls have ...

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Australian Dollar Stabilizes Above Fibonacci Support Against U.S. Dollar image Solid ECN - The Australian dollar stabilizes the price above the 23.6% Fibonacci support level against the U.S. Dollar. Currently, the AUDUSD pair is trading around ...

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GBPUSD Price Decline: Ichimoku Cloud and Channel Analysis image Solid ECN - The GBPUSD price has declined from 1.2629, which aligns with the Ichimoku cloud and the descending trendline, depicted in red. The pair is currently testing the 23.6% ...

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Bitcoin’s Uptrend Momentum: A Market Analysis image Solid ECN - The momentum of Bitcoin’s uptrend eased after it surged as high as $52,866. This digital gold has risen since January 20, while the RSI indicator has been hovering in the overbought ...

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Aluminum Prices Dip Amid Global Demand Concerns Solid ECN - Aluminum prices dropped to around $2,200 per ton in February, the lowest in a month, due to growing negativity around the demand for metals worldwide. Recent reports from China, the leading ...

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AUDUSD Price Analysis: Testing Fibonacci and Trendline Resistance image Solid ECN - The AUDUSD price stands at 0.653 at the time of writing. Currently, the pair is testing the 0.654 high, which aligns with the 23.6% Fibonacci level. Interestingly, ...

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GBPUSD Tests Ichimoku Resistance: Bullish Trend Insight image Solid ECN - The GBPUSD pair is currently testing the Ichimoku cloud resistance. Interestingly, this level is backed up by the descending trendline, depicted in red. The price of the ...

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EURUSD Correction Phase and Fibonacci Retracement image Solid ECN - The EURUSD currency pair entered a correction phase after the bears hit the 1.06946 bottom. Currently, the price of the most traded currency pair is 1.0758, and it is about to ...

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Silver Prices Rise Amid U.S. Economic Shifts image Solid ECN - The price of silver climbed to almost $23 for each ounce as market participants weighed the possibility of the Federal Reserve reducing interest rates in May, following the latest ...

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USDCAD Analysis: Bullish Trendline Supports Above 50% Fibonacci Level image Solid ECN - The USDCAD currency pair dipped to 1.3447 in today's trading session. The current USDCAD price is 1.348, which is above the 50% Fibonacci retracement level. ...

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UK Retail Sales Surge in January 2024 Solid ECN - In January 2024, the UK saw a significant jump in retail sales, increasing by 3.4% from the previous month after a sharp decline of 3.3% in December. This increase surpassed the expected 1.5% rise ...

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Gold Hits $2000 Amid Economic Concerns. image Solid ECN - The price of gold climbed to $2,000 per ounce last Thursday, boosted by a weaker dollar and lower bond yields. This increase came as investors welcomed the latest U.S. economic figures and ...

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Canadian Dollar Dips Amid US Inflation Concerns image The Canadian dollar dropped below 1.35 against the USD, getting close to the almost two-month low of 1.345 it hit on February 9th. This happened because persistent inflation in the US made ...

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Yen Drops to 3-Month Low Amid US Inflation Surge. image Solid ECN - The Japanese yen fell below 150 against the dollar, reaching its lowest point in three months due to unexpectedly high US inflation rates, which reduced the likelihood of the ...

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GBPJPY Breaks January Record: Trading Above 188.8 Support image Solid ECN - The GBPJPY currency pair trades above the 188.8 support after it broke the January all-time high on Tuesday. As seen in the GBPJPY 4-hour chart, the primary trend is ...

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