lovely_mimi

lovely_mimi

The USD/JPY pair is consolidating near 157.30, showing a lack of strong directional momentum. The price remains close to the EMA 34 and EMA 89 on the 1-hour chart, reflecting indecision in the market. Currently, 157.50 acts as immediate resistance, repeatedly halting any upward movement. On the downside, 157.00 serves as key support, and a break below this level...

lovely_mimi

The GBP/USD pair has been moving within a descending channel, indicating sustained bearish pressure. The recent breakout below a key support level at 1.2400 highlights the strength of sellers in this market. Moving averages on the 4-hour chart (EMA 34 and EMA 89) show a consistent downtrend, confirming the bearish sentiment. Key levels to watch: Immediate...

lovely_mimi

The EUR/USD pair continues to face strong bearish pressure, currently trading around 1.0270. On the 4-hour chart, the price is moving below both the 34 and 89 EMAs, reinforcing the current downtrend. The recent breakdown of the key support at 1.0300 has triggered a strong sell-off, pushing the price closer to deeper support. If EUR/USD fails to hold 1.0270,...

lovely_mimi

On the morning of January 3, the world gold price skyrocketed to $2,658/ounce, the highest in the past two weeks, recording an increase of $38 in just one trading session. The main reason is believed to be the increase in concerns about international geopolitical tensions and financial instability ahead of the inauguration of the US President-elect. The economic...

lovely_mimi Updated 

On the 4-hour chart, GBP/USD continues its downtrend as it trades around 1.2523. The 34 EMA and 89 EMA are still pointing down, reinforcing selling pressure. The price is currently below both EMAs, indicating that the downtrend is still in place. Currently, the key support zone is around 1.2500, and if broken, the price could continue to decline to 1.2450 or...

lovely_mimi Updated 

On the first day of 2025, gold prices recorded an increase to $2,625/ounce, $25 higher than the lowest level of the last session of 2024. This move took place in the context of the US stock market falling, forcing many investors to sell stocks and shift capital to gold, a safe-haven asset. January is usually the time when gold prices increase the most in the...

lovely_mimi

On the 4-hour chart, the USD/JPY pair is in a strong uptrend, currently trading at 157.43. The price continues to hold above the EMAs, especially the EMA 34 and EMA 89, indicating the strength of the current uptrend. Furthermore, the RSI is currently at 54.40, indicating that the market is not yet in the overbought zone, signaling a possible further increase. A...

lovely_mimi

The EUR/USD 1-hour chart shows that the price is moving within a clear downtrend channel. Currently, the pair is hovering around 1.0359 after a sharp decline and temporary bottom. The EMA 34 and EMA 89 continue to point down, confirming the long-term downtrend. A key resistance zone is identified in the 1.0375–1.0385 area, and if the price fails to break above...