The AUD/USD currency pair has been displaying remarkable resilience in recent trading sessions, maintaining a steady stance above the crucial pivot level of 0.6265. This level has emerged as a pivotal point for traders and market participants,...
As investors process the Bank of England's (BoE) dovish stance on interest rate outlook and downwardly reduced Gross Domestic Product (GDP) predictions for the year, the GBP outperforms its main rivals at the beginning of the week. Following the...
GBP/USD Outlook Introduction The GBP/USD currency pair is currently exhibiting a range of movements that warrant careful analysis. As of today, there are critical levels that traders should monitor for potential breakout opportunities or a...
Weekly Analysis: Bullish Outlook for Gold Short-Term Technical Outlook Gold's short-term technical outlook remains bullish. The daily chart indicates that the RSI (Relative Strength Index) is nearing 70, suggesting that gold could continue to rise...
Technical Analysis of Oil Technical analysis of oil on a daily chart shows the price breaking the ascending channel and now returning to the test. During this month, the price of oil began trading within the triangle marked in white, which is the...
