The British Pound (GBP) experienced a pause in its upward momentum on Thursday, halting a three-day streak of gains. After reaching a year-to-date high of 1.2923 against the US Dollar (USD), the GBP/USD exchange rate stabilized below the 1.2900...
Gold continued to demonstrate his underlying force on Thursday, since he consolidated near his weekly maximums. At the beginning of the week, on Tuesday, Gold reached a new short -term peak of $ 2,930, after an upward reversion of the support, which...
The NZD/USD pair has climbed to a fresh weekly high near 0.5750 during Thursday’s European session, as bullish momentum strengthens in response to China’s latest stimulus commitments. The New Zealand Dollar (NZD) gains appeal due to its strong trade...
Today, I observed significant changes in the USD/CAD pair that have sparked my interest for further analysis. Initially, I noticed that the price fell to the four-hour support level at 1.4300 and eventually broke through it. This movement caught my...
The EUR/USD pair continued its impressive ascent on Thursday, decisively breaching its 200-day Simple Moving Average (SMA) following the European trading session. This breakout signaled a significant surge in bullish momentum, reinforcing the pair's...
