EUR/USD stays on the back foot and trades slightly below 1.0400 following the earlier recovery attempt. In the absence of high-tier data releases, the negative shift seen in risk mood helps the US Dollar gather strength and forces the pair to...
GBP/USD Market Analysis Good Morning to everyone! In the last week, the UK Retail Sales, CP, I, and Offical Bank Votes couldn't help the buyers of GBP/USD to cross the 1.2632 zone. It closed around the 1.2562 zone on Friday. So, a series of pivotal...
GBP/USD loses its traction and trades below 1.2550 in the second half of the day on Monday. The US Dollar (USD) benefits from safe-haven flows and weighs on the pair as trading conditions remain thin heading into the Christmas holiday The Relative...
Technical analysis of XAUUSD If you look at the gold h1 time frame, the market price is currently downtrend, with the price rising to a support level at 2616 and a resistance level at 2632. 50-Day simple moving average is above the market. If the...
The direction of the USD/CHF pair will be heavily influenced by broader market sentiment, as well as key economic factors and events. The U.S. Dollar has been benefiting from a combination of factors, including expectations of a stronger U.S....
