Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis, the market is falling; the trend line that helped push the price higher is broken. When the market price stabilized after breaking this trendline, a wide gap was formed...
Technical analysis of XAUUSD If you look at the gold h1 time frame, the market price is currently downtrend, with the price rising to a support level at 2616 and a resistance level at 2632. 50-Day simple moving average is above the market. If the...
Gold Price Activity We are currently engaged in a captivating discussion regarding the price behavior analysis of the Gold. As we approach the Christmas holidays on the 24th and 25th of December, market activity is expected to slow down...
GBP/USD Market Analysis Good Morning to everyone! In the last week, the UK Retail Sales, CP, I, and Offical Bank Votes couldn't help the buyers of GBP/USD to cross the 1.2632 zone. It closed around the 1.2562 zone on Friday. So, a series of pivotal...
IEA anticipates high oil demand in 2025 The upcoming year is expected to be benign for the oil market. Analysts at the International Energy Agency (IEA) have raised their oil demand forecast for 2025, citing the impact of China's stimulus measures....