The Fiber has gained positive traction after the previous day’s modest dip, climbing closer to the weekly top during Monday’s Asian session. Despite this recovery, spot prices remain capped below the 1.0450 level. Clearing this resistance decisively...
The Aussie dollar rebounded sharply in early trading, but the broader picture suggests the market is looking for a clear direction. Similar to the Euro, the Aussie appears to be forming a consolidation range, with key technical levels shaping its...
GBP/USD Technical and Fundamental Analysis and Key Concepts The GBP/USD market is clearly bearish during today’s trading session. The hourly chart shows prices below the 100-period Exponential Moving Average (EMA) and the 20-period Simple Moving...
On Monday, the spot price touched a fresh low against the Dollar, although concerns about potential government intervention curbed aggressive selling. A modest downtick in the USD also failed to fuel substantial momentum, keeping the pair just above...
Broader risk sentiment continues to exert significant influence on the trajectory of the pair, as traders grapple with geopolitical uncertainties and shifting U.S. policy expectations. The fragile global market sentiment, compounded by concerns such...