The pair experienced a dramatic surge, climbing to approximately 1.1150 from an intraday low of 1.1070. This sharp rebound occurred as the US Dollar (USD) weakened in response to dovish remarks on interest rates made by Federal Reserve Chair Jerome...
GBP/USD technical view A consistent decline in recent market movements has resulted in the GBP/USD currency pair breaching all support levels. However, the market price has broken free from the previous downward structure and entered a buying trend....
Gold analysis In the daily time frame, the price strengthened yesterday was rejected at the strong resistance level of 1965.99 and eventually moved down again. Since the market is still moving sideways, it is likely that gold will move back down to...
In Friday’s North American trading hours, the spot price has seen a modest decline against the USD. This gradual drop in the pair is a reflection of stable sentiment. The USD Index, which measures the Greenback’s strength against six major...
In Friday’s European session, the pair struggled to build on its recovery, facing pressure as it hovered below the intraday support level of 141.80. The pair traded around the 142.30 mark by the end of the market close, reflecting the pair's firm...