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EUR/USD has more Upside Bias than Downside

EUR/USD has more Upside Bias than Downside

Information is not investment advice

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EURUSDM30 (4).png

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AUDJPYM30 (6).png

Ichimoku Kinko Hyo

AUD/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming bullish momentum.

AUDJPYM30 (6).png

Fibonacci Levels

 XAU/USD: Gold stands slightly below the 50% retracement. Seems that bulls have returned.

XAUUSDM30 (2).png

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Gold isn't saving investors from inflation

Many investors treated gold as a protection against inflation. However, last week, gold lost its major support and dropped despite rising inflation. Why did it act like this?

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