Gold prices exhibited a degree of indecision on Wednesday, following a three-day surge of nearly 2.5%. In early Asian trading, gold prices held steady around the $2,700 per ounce mark as investors refrained from significant US dollar selling ahead...
The Federal Reserve's recent 25-basis-point interest rate cut was anticipated by market participants and investors. However, the statement made by Federal Reserve Chairman J. Powell was perceived as hawkish, leading to a significant strengthening of...
Technical analysis of the GBPUSD pair Yesterday, the US dollar news was released, which was in favor of the dollar, and thus the currencies fell against the dollar. The pair .. which was moving in the buying zone fell strongly to now trade within...
The chart demonstrates a strong bullish trend over the observed period. The price has moved steadily upward, breaking through multiple resistance levels. The consistent higher highs and higher lows indicate strong buying momentum. The last recorded...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices have fallen completely, breaking every support level that fell, and now the market prices have reached historic levels of price appreciation. The market pulled...