I believe that shifting the focus from the intraday movements of GBP/USD to the weekly chart (W1) provides a broader perspective on the current market situation. From my point of view, the recent upward movement appears to be a corrective growth...
When analyzing the EURJPY currency pair, it becomes evident that the price struggles to penetrate the supply area at 161.04, leading to a downward movement. Initially, the pair was on an upward trajectory, but it subsequently dropped to 159.25. This...
The EUR/USD currency pair has recently shown some notable activity, particularly on the hourly chart as the trading week concluded. The closing price for the day was approximately 1.0878, indicating a significant movement from the previous levels....
GBP/USD Analysis: A Bearish Perspective As we examine the GBP/USD currency pair, it becomes clear that the current market dynamics do not favor upward movement. Instead, a comprehensive analysis suggests that the pair is likely to continue its...
Gold has recently reached and even surpassed the significant threshold of $3,000, marking a new historical peak at $3,004. This achievement is noteworthy, especially since it occurred more swiftly than many analysts had anticipated. Just yesterday,...
