On Wednesday, during Asian trading hours, the XAU/USD pair faced renewed selling pressure, falling to around $4,150, erasing some of the gains made from its recovery from multi-week lows (near the $4,100 level). This ongoing tension has confined...
Technical Analysis 07 October 2026 EUR/USD H-1 The EUR/USD 1-hour chart displays a sudden bearish sell-off following a brief pullback toward the 1.12670 region. Price action has dropped below its dynamic 50-period Moving Average and is now directly...
EUR/GBP Technical Analysis — H4 Daily Chart Date: Wednesday, October 7, 2026 Current Price: 0.8478 Overall Bias: Bearish EUR/GBP remains under significant selling pressure as the Euro continues to weaken against the British Pound. The pair is...
GBPUSD H1 TIMEFRAME ANALYSIS Based on the provided GBPUSD H1 (1-Hour) chart, here is a detailed technical analysis covering price action, key levels, and indicator momentum as of October 7, 2026. Market Overview and Price Action The GBPUSD pair is...
The Australian dollar finally caught a break on Wednesday, ending a rough three-day slide that had pushed it down to a three-month low near 0.6900. It's a small victory, though, and not one that changes the bigger picture. Through the European...