I analyzed the EUR/USD pair and noticed a strong downside trend. I observed the pair closing last Friday at 1.02387, and I expect further decline in the coming week. I noted on the daily chart that the price is testing the FE 161.8% level at 1.0215,...
Technical analysis XAUUSD D-1 What do we expect in the future for XAU/USD? I don’t even know what we can come up with here. On the one hand, it seems like the main direction is to go north, but now within this main direction, there should be a...
General Points about GBPJPY: In the coming days, GBP/JPY buyers are expected to showcase their strength, creating opportunities for the pair to move higher. The market is likely to break above the 194.00 level, a critical resistance point that could...
The Australian dollar (AUD) is facing significant selling pressure, trading near multi-year lows around 0.6150, following the release of stronger-than-expected US non-farm payrolls data. This robust US economic data reinforces the Federal Reserve's...
Rising borrowing rates on the UK government's debt have caused the pound sterling (GBP) to continue underperforming its main rivals. Rachel Reeves, the Chancellor of the Exchequer, is uneasy about the 30-year UK gilt rates, which have increased to...
