The EUR/USD pair fluctuates close to the weekly peak set earlier this Wednesday, and we cannot build on this week's strong rebound from the 1.0200 area or the lowest level since January 13. Due to conflicting fundamental signals, spot prices are...
The Gold Market Update Gold is trading at 2856 and rising again after testing the 2850 support level on the H1 chart. The market is currently approaching the critical volatility level at 2875. If this level is breached, gold prices may continue to...
#EUR/USD The bulls covered yesterday’s price gap, a feat that seemed impossible this morning.: Recent statements by the US President, postponing additional tariffs on Canada and Mexico for a month, weakened US dollar positions by allowing time for...
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...
THE CURRENCY PAIR GBP-USD Overnight, or more precisely during the Asian session, the currency pair does not show much activity, and what is most depressing is that we do not see attempts at local correction. In fact, at the moment we have...