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Importance of Support and Resistance Levels in Trading Support and resistance levels are fundamental concepts in technical analysis that help traders predict potential price movements and market trends. They represent price points on a chart where...
The GBP/JPY currency pair remains in a strong downtrend, with current price action suggesting a potential decline between 102 and 151 pips based on technical indicators. The pair continues to struggle below its key resistance at 189.51, reinforcing...
The GBP/JPY currency pair remains trapped in a bearish cycle, with technical indicators pointing toward a decline between 102 and 151 pips in the upcoming sessions. The price has been unable to break above the 189.51 resistance level, reinforcing...
February 22, 2025 The gold market continues its remarkable ascent, with spot gold (XAU/USD) trading near record highs at approximately $2,937 per ounce. This surge reflects a 44% increase over the past year, driven by a confluence of economic and...
