The GBP/USD pair has been under consistent bearish pressure recently, with the pound falling from a recent high of 1.2605 to close yesterday around 1.2206. This nearly 400-point decline reflects the significant challenges facing the British...
General Points about EURUSD: We noticed that the EURUSD news events related to the German Estimate CPI and Flash CPI did not benefit the EURUSD buyers. Economic indicators play a vital role in gauging inflation trends in the Eurozone, and their...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis; the market price is between 1.0286 resistance and 1.0220 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
Gold made a big move on Friday when it broke above a key short-term trend line to hit an intraday high of 2,698 – a new high for the current trend. This advance marks the completion of the 78.6% Fibonacci retracement at 2,695, slightly above the...
Technical analysis of Silver Today's technical analysis chooses silver, and the price of silver will go down. The trendline that helped propel its price down looks very strong. The market price of the trend line is very impressive. At this point,...
