As traders await the publication of United Kingdom (UK) Retail Sales data, the GBP rises against the USD and breaks over the 1.2600 mark on Thursday. In the meantime, the US dollar declined due to a dismal US jobs report. The GBP/USD exchange rate...
I believe that the current market scenario for EURUSD is quite intriguing, especially when analyzing the recent price action. I observe that Friday’s session closed with a bearish candle, but I notice that it is entirely engulfed within the larger...
XAUUSD Technical Analysis Gold (XAUUSD) is currently trading near $2937, showing consolidation after a recent bullish move. The 150-period moving average (MA) on the H1 timeframe is positioned below the price, indicating short-term bullish control....
USD/JPY Price Summary Today has been quite interesting for the USD/JPY currency pair, which is currently trading around 149.62, continuing its bearish trend. A closer look at the H4 chart reveals that the price is situated below both the 50-period...
The upcoming week (February 24 to March 1, 2025) features several significant economic events that could influence the forex markets. Monday, February 24: German Ifo Business Climate Index (February): Scheduled for release at 09:00 AM GMT, this...
