Looking at what happened this week, it could be said that GOLD is at least trying to move downwards again and even if we look at last Thursday, GOLD was quite impressive because it was able to fall again and was able to touch the EMA50 area below...
Market Fundamentals: Geopolitical risks are rising as reports emerge that U.S. President Biden discussed plans to attack Iran’s nuclear facilities if Tehran moves closer to developing a nuclear bomb before Donald Trump’s inauguration. This...
GBP/USD Technical Analysis and Forecast The GBP/USD market was bullish today, briefly touching the 1.23246 level before returning. It is now trading around the 1.22838 mark, showing signs of consolidation. On the hourly chart, although the GBP/USD...
GBP/USD Technical Analysis On the 4-hour timeframe, the GBP/USD continues to trend down while remaining in a bearish structure. The market structure has not changed yet and continues to trend in a selling trend. The market has recently consolidated...
USD/CAD continues to showcase a nuanced interplay of technical signals and market dynamics, pointing toward a bullish bias as long as the price remains above the pivotal 1.4440 level. The preference for long positions aligns with the broader...