GBP/JPY is hovering near 211.40, and for once the pound's strength isn't a story about dollar weakness or risk appetite; it's a story about Britain finally doing something it hasn't done since August 2023. The Bank of England meets on Thursday, and...
NZDUSD Trading Analysis: At a market price of 0.56114, it is now trading above the cloud. Senkou Span B at 0.54870 and Senkou Span A at 0.55744 are the two strong support levels that make up the cloud boundary. In the cloud, the Senkou Span B line...
Gold (XAU/USD) Daily Outlook Update Gold (XAU/USD) price recovers to reach nearly $3,895 in the opening Asian session on Monday. Gold gains slightly after dropping to a low of $3,870 in the last session. But upside looks capped because higher crude...
XRPUSD H4 Complete Technical Analysis Using Smart Money Concepts and Price Action Timeframe: H4 Instrument: XRPUSD Current Chart Values * Open 1.24612 * High 1.25372 * Low 1.23782 * Close 1.25152 * RSI 14 45.50 * Volume 2783 1. Overall Market...
Based on the H4 chart provided for XAUUSD (Gold), the primary trend is distinctly bearish. Price action has formed a consistent series of lower highs and lower lows since mid-October, facilitated by a downtrend line (the red moving average) that is...
