The pair experienced a notable drop to near 0.6680 during Friday's London session. The pair had initially gained strength as the DXY weakened, influenced by the anticipation of the United States core Personal Consumption Expenditure Price Index data...
Reading the Language of GBP/ USD Prices Today, we'll analyze the price movements of the GBP/ USD Currency pair. The price forms an AB-CD pattern, transitioning from a bearish to a bullish trend. The AB segment is complete, and the BC segment is in...
NZD-USD PAIR ANALYSIS It didn’t always work out this way, but now there is a fairly good absorption of almost the entire trading week. We can again look at the breakdown of the current 0.6070–80 and the decline to the lower savings line of...
Trading Opportunities with Silver Prices This discussion centers around analyzing the price behavior of silver. If we break through the 31.53 level and maintain it, we will have a strong buy signal. Our gradual attempt to breach the 30.46 range...
The British pound's recent strength against the US dollar seems to be fading. Positive US jobs data in May triggered a sharp decline for the pound, pushing it below a key support level (1.2770). This weakness is further highlighted by a technical...