Gold prices (XAU/USD) fell sharply in Asian trading on Friday, reaching $3,986.74 per ounce, their lowest level in three months. The strong selling pressure broke through the multi-week range of $4,066.64 to $4,227.90. This technical decline was...
The pound rose against the dollar during Thursday's European trading session, finding firm support near its monthly high of 1.3410, as the market continued to digest the hawkish impact of the UK's September Consumer Price Index (CPI) report. The...
GBPUSD Trading Analysis: The top divergence from last month has broken over the 100 - day moving average resistance at 1.37648, and GBP/USD is now trading at 1.33948. In this instance, the robust rejection of the 1.33248 low - to - mid bands and the...
GBP/ USD Recovery Gains Momentum GBP/USD is trading near 1.34037 on the daily timeframe, reflecting a notable recovery phase after an extended corrective decline. The pair reached a multi-week high in late August near the 1.365–1.370 zone before...
CRUDE OIL (#CL) H1 TIMEFRAME TECHNICAL ANALYSIS Market Structure Crude oil (H1) had a strong uptrend from the 92 area to a spike high near 111. That spike was rejected very sharply, and price fell back to about 96. Since then it has recovered with...
