The Australian currency is currently hovering around $0.6655, showing a neutral trend in the foreign exchange market. This is evident on daily charts, where the AUD/USD pair is stuck within a rectangular pattern, indicating a consolidation rather...
The GBP/USD (British Pound to US Dollar) currency pair is a significant player in the forex market, reflecting the economic and political dynamics between the UK and the US. As of now, the GBP/USD pair is trading around 1.2679, and the prevailing...
I don’t trade weekly; if you look at weekly timeframes, there will be a flat for almost half a year, but on junior timeframes, there is still movement on which you can work. There seems to be an opportunity to break through to the north, but so far,...
The USD/JPY currency pair has been a focal point for many traders and investors due to its significant role in the forex market. As of now, the pair is trading at 159.64, and the prevailing trend appears to be bearish. This movement suggests that...
Strengthening the US Dollar and Increasing Treasury Yields: Gold prices have recently fallen by 0.59%. This decrease is due to the US dollar getting stronger and Treasury yields increasing. A stronger US dollar makes gold more expensive for those...