GBP/AUD TECHNICAL ANALYSIS According to my technical analysis of the GBP/AUD 2-hour chart, the pair is exhibiting a clear descending channel pattern that has been guiding price action since early February. The channel is defined by two parallel...
Gold Technical Analysis: Gold is currently executing a critical support retest around the $5043 level, with four-hour candles exhibiting prominent lower wicks and modest real bodies that signal active buyer defense near the psychologically crucial...
The GBP/JPY pair staged a resilient recovery during Friday’s session, clawing back above the 209.00 level after a sharp descent to a near two-week low of 207.60. Despite this late-week rebound, the broader narrative for the pound remains decidedly...
Gold Forecast: As far as the silver medal is concerned, it falls within the 5043.26 range. During the weekly timeframe, the price of silver has been steadily declining, falling from the weekly high of 5047.26. At the end of Friday trading, it had...
The USD/CAD currency pair maintained a relatively subdued trading profile as the week drew to a close, oscillating within a tight range near the 1.3625 level. This cautious price action developed despite a notable underperformance in the latest U.S....