The price is currently grappling with a challenging landscape. Despite some initial gains against the Dollar, the currency remains near its lowest point since early December. This weakness stems from a confluence of factors, primarily the Bank of...
XAU/USD Technical Analysis: Basic Dynamics, Concepts, and Strategies The XAU/USD market is trending higher today. After hitting an intraday high of 2638, the price is currently trading around 2628. Looking at the hourly chart, XAU/USD is trading...
GBP/USD Technical Analysis and Key Concepts The GBP/USD market has seen significant volatility today, falling as low as 1.2499 before resuming its gains. The GBP/USD markets are currently trading at 1.2512, indicating a cautious recovery. However,...
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The spot price weakened against the Dollar on Thursday, falling to 0.6215. This decline was primarily driven by a combination of weak domestic data and a relatively strong Dollar. Circumstances surrounding the economy, particularly persistent...