There is no doubt; the decline continues. However, before reaching level 1.0589, we still need to reach a higher level, namely 1.0600. We haven't even touched it yet. Now, as I said before, at the moment there seems to be a small correction from the...
Euro margins fell as CPI data expected The Euro saw a slight decline during Tuesday's trading session as it appeared to be heading for the critical 1.05 level. This zone has consistently served as a key focal point in recent trading, acting almost...
Technical Analysis GBP/USD H-4 Chart Situationrice: 1.2780 Moving Averagesrice is above MA50, confirming a short-term increase. Price is above MA200, showing a long-term bullish trend. Current dynamics are favorable for buyers. Support and...
Renminbi falls prey to Trump’s looming hefty tariffs The Chinese currency is facing a challenge! The yuan will have to contend with the current policies of US President-elect Donald Trump. According to CNBC, China’s authorities are grappling with a...
Technical analysis of XAUUSD If you look at the gold h1 time frame, the market price is in an uptrend, and gold is rising. Gold prices are in an ascending channel, and prices should break out of the channel bottom at 2622. Gold is currently in an...