The British pound (GBP) experienced a significant decline against the US dollar (USD) on Wednesday, falling below the crucial 1.2500 level and briefly dipping below 1.2350. This weakness in sterling coincides with a lack of substantial economic data...
NZD/USD Daily Chart Analysis Current Market Trend The daily chart for NZD/USD indicates that the market is in a downward trend. Currently, the price is trading around 0.56149, which serves as a significant support level for this currency pair. In...
The gold market exhibited a period of subdued trading activity on Tuesday, with the XAU/USD pair experiencing a modest recovery to $2,655.00 per ounce. This followed a brief technical rebound from the $2,670 level observed at the beginning of the...
Forecast of AUDUSD According to the AUDUSD's H4 time frame chart, the price increased for the price adjustment last week, which is why the AUDUSD crossed the moving average lines upward. The price remained above the moving average lines for nearly...
I will begin my analytical forecast by examining the H4 timeframe. On this chart, Bitcoin recently broke out of the technically valid ascending price channel that it had been following from early 2021 through late 2024. This shift occurred after...
