ANALYSIS OF GOLD PAIR. On the hourly timeframe (H1) chart of GOLD, the recent price action reveals a dramatic shift in market sentiment following a previously strong bullish trend. Price had steadily ascended from the late February lows, making a...
The British pound experienced a significant surge against the US dollar, marking its second consecutive day of robust gains and reaching its highest point since October 2024 during the Asian trading session on Thursday. The GBP/USD pair traded above...
I believe the current market situation for EUR/USD is quite nuanced, and I find myself torn between immediate action and patience. I see the potential for a quick rise to 1.1100 on Monday if this was indeed profit-taking from earlier purchases, as...
Technical analysis of GBPUSD The GBPUSD pair closed the trading session at 1.2895, with the market currently inactive until the next opening. Analysing the technical landscape, the pair has established a clear support level at 1.2573, which has...
Gold prices (XAU/USD) demonstrated resilience in late US trading on Thursday, staging a partial recovery to around the $2975 mark after experiencing profit-taking in the preceding session. The underlying strength in gold, a well-established...
