If the market price fails to rise above the support, it could reach resistance. You're also anticipating that a break of 2670 could lead to a significant move upward, perhaps even forming a stronger upward trend if the resistance at 2780 is...
The value of the British Pound currency has experienced a significant increase. Despite the lack of recent economic data from the UK, the lower-than-expected Australian GDP figure led to a sharp rise in the GBPUSD exchange rate, reaching high prices...
Gold Technical Analysis One-day Chart: If we look at the price of gold, the market price is going down in a day. Earlier, if we look at it structurally, it was in a bearish trend. Still, the market created a resistance level, and after creating...
Market Analysis Yesterday, as anticipated, crude oil showed a bullish response. While we had cautioned about a potential bullish counterattack in our plan, we were surprised by its strength. In just one day, prices nearly recouped losses from the...
Today is already Wednesday, but so far there is no particular activity on the Pound as a whole, and we can say that we have settled into a local sideways trend on the lower timeframes, perhaps everyone is waiting for the non-farm and unemployment...