There are no macroeconomic events scheduled for Monday. Thus, low volatility and weak movements are expected for both currency pairs during the day. The European currency may adjust slightly upwards, but it should be remembered that the main trend...
GBP/USD Technical Analysis Investor confidence that price pressures will settle close to the target rate will rise in response to the anticipated drop in UK inflation. This will increase anticipations of an early Bank of England (BoE) rate decrease....
EUR/JPY daily H1 timeframe chart Greetings. EUR/JPY on the H1 timeframe. In my trading, I use the theory of overbought and oversold markets, which was once a very topic. As the saying goes everything new is well forgotten old. The indicator, with a...
The image depicts a candlestick chart of the GBP/USD currency pair, showcasing its price movements over a period. Here's a detailed analysis based on the chart: ### Overview The chart shows the daily price movements of the GBP/USD currency pair. Key...
Today's Gold Price Analysis: Geopolitical Tensions May Bring Profits Looking at last week's trading, gold prices are struggling to recover recent losses, as China announced a halt to its record pace of gold purchases, and the strengthening of the...