During the first half of Tuesday's European session, the price of gold (XAU/USD) gives up a significant portion of its intraday advances to reach a new record high and trades close to the lower end of the daily range. However, despite concerns about...
Gold's Relentless Climb: What's Driving the Surge(February 11,2025)? Geopolitical Fears Keep Gold in Demand When uncertainty takes over, gold steps into the spotlight. Ongoing tensions in Eastern Europe and the Middle East have global markets on...
As of February 11, 2025, the Australian Dollar (AUD) is trading at approximately 0.6275 against the US Dollar (USD). This exchange rate reflects a slight appreciation from earlier in the month, where it reached a low of 0.6144 on February 2. The...
GBPUSD Daily Time Chart Analysis The GBP/USD pair is in a downtrend after a sharp rise at the beginning of the month. First, it will try to break the 1.2500 resistance and the 50-day SMA (simple moving average). However, the upward trend has...
Bitcoin's H1 chart shows a market that has been consolidating after a strong downtrend. The price attempted to break higher but faced resistance near 98,100 and has since been trading in a tight range. The Bollinger Bands are contracting, indicating...