The British pound (GBP) has strengthened against the US dollar (USD) for the second consecutive day, buoyed by the US President's decision to postpone threatened tariffs on Mexico and Canada. This move comes as the three nations initiate discussions...
Forex Market Outlook Wednesday, February 05, 2025 Good morning fellow forex traders. Good afternoon. I am very sure that all fellow members are ready to continue their routine activities. Friday is the last day of the trading session in the forex...
GOLD I looked at my daily chart for the wave technique. In principle, it turns out that we have an ascending channel in development. We have been trading in it for more than a month. Its limits are being developed, as you can see on the screenshot...
XAU/USD If we open the daily chart for gold, we will see that my previous analytical forecast is playing out quite confidently. At the time of writing this analytical post, gold is trading at 2843 against the previous level of 2810. Technically, on...
The USD/CHF currency pair's recent performance presents a mixed picture, suggesting a potential tug-of-war between bullish and bearish forces. During yesterday's trading session, the pair's upward momentum stalled, failing to breach the 9-month high...