The EUR/USD currency pair continued its downward movement on Friday. This trend would have continued throughout the day without the University of Michigan Consumer Sentiment Index in the US. The index was much weaker than forecast, which halted the...
XAU/USD Analysis Some of Friday's gains are being reversed, and gold prices may again face resistance above $2,330 on Monday. The pause in US dollar (USD) gains did not help gold prices as US Treasury yields rose after falling the previous week....
Technical analysis of the USDCAD pair 4-hour chart The price of the pair began trading this week within the price triangle resulting from two channels, one bullish and the other bearish, representing the direction of price movement during the...
The GBP/USD pair also showed a fairly strong drop on Friday, for which there were no local reasons. Let's explain what we mean. Local causes are events and news during the day. There were practically none on Friday. In the United States, the...
Technical analysis of the EURUSD pair 4-hour chart It is expected that we will have a bearish trend for the pair during this week, as the price succeeded in breaking the price channels on the daily chart. On the 4-hour chart, the price begins...