Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices are rising but are trying to change their structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
The Spot price is gaining momentum, trading near 0.8940 during the early European session on Friday. The strengthening Dollar has been a key driver, with traders positioning themselves ahead of important US economic data set to be released next...
The price continues to maintain a cautiously bullish stance, primarily supported by the strength of the US Dollar and a broader risk-on market environment. Despite the upward momentum, the pair is facing some technical challenges, particularly as...
The Swiss National Bank thus cut its key deposit rate by 50 basis points from 1.00% to 0.50% today, surprising markets that had expected a 0.25% cut. An accompanying central bank statement said the bank's management "will continue to closely monitor...
Technical analysis of XAUUSD If you look at the gold market price on the H1 time frame, this time, the price is in an uptrend, the price is standing at the 2654 resistance level, and the ascending channel is helping the price to move higher. . If...
