Gold prices experienced a slight decline on Wednesday, yet remained steady at around $2,506 per troy ounce. This drop comes as speculation intensifies that the Federal Reserve (Fed) might lower borrowing costs during its September meeting. At the...
The spot price is advancing its losing bar into the ninth consecutive trading session as of Wednesday. The pair has sharply dropped to approximately 0.6786 and is anticipated to test the psychological support level at 0.6770. This persistent decline...
The currency pair is experiencing modest losses, trading around 1.1118 during early U.S. trading hours on Wednesday. This downturn is influenced by a generally positive risk sentiment, which is bolstering the U.S. dollar and limiting the pair’s...
EUR/ USD Price Summary Today, we'll discuss analyzing the EUR/ USD currency pair's price movements. Regarding the potential breakdown of the ascending channel, the channel hasn't been yet; instead, the chart is adjusting within the trend. Here's...
GBP/ USD: The Role of Price Action The analysis of the GBP/ USD currency pair's price action will be the main topic of our conversation. Today, market bears have made their presence felt again, pulling quotes down from the recent peak to around...