XAU/USD Good Morning guys! The market of XAU/USD will drop sharply down and cross the 2842 zone later, as it currently lacks a completed correction process. This recent price movement suggests that gold is bouncing up prematurely, failing to...
EUR/USD Price Recap Current Market Situation The H1 chart for EUR/USD is currently displaying an interesting scenario. The price is trading between a support level at 1.0310 and a resistance level at 1.0380, indicating that the market may be...
The GBP/USD currency pair has remained under selling pressure, with 1.2425 serving as a key resistance level that dictates the near-term direction. The inability of price action to surpass this level increases the probability of further declines...
General Points about EURUSD: To understand this market, we should take help from a larger time frame. Analyzing broader trends allows better decision-making and provides clarity on price movements. Firstly, EUR news events were highly negative,...
GBP/USD has remained in a strong downward trend, with 1.2425 acting as a key resistance level that has prevented any sustained bullish momentum. As long as this level remains unbroken, the risk of further declines remains elevated, with 1.2360 and...
