TRADING CHART ON GBP USD H4. The GBP/USD chart presented showcases a clear downtrend over an extended period, with price action consistently remaining below the moving average (possibly the 50-period MA). The market dynamics indicate bearish...
The euro continued its upward trajectory against the US dollar on Wednesday, building upon gains from the previous trading session. This move comes amidst a backdrop of mixed economic signals and shifting policy expectations. A recent report from...
EUR/USD is forming a textbook morning star pattern that suggests a potential bottom An adverse confirmation could trigger a reversal in returns and risk assets Break above downtrend target resistance 1.0461; long ones are preferred over short ones...
The US dollar has been strengthening after the NFP data report and positive US unemployment rate. The gold price, which almost reached the psychological level of $2,700, has fallen to $2,656. However, it is still far from the $2,600 psychological...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Greetings to all members of the live discussion and welcome to all visitors. I hope all is good. I will cover current market movements in the AUD/USD market. AUD/USD is trading at 0.6193 at the time...