Fundamental Analysis Following the publication of US inflation statistics on Wednesday, the price of Gold (XAU/USD) approaches the upper end of its range before dropping down to $2,500. In August, the US Consumer Price Index (CPI) increased by 2.5%...
Let's analyze the currency pair AUD/USD. Examining the Daily time frame chart. The AUD/USD currency pair has experienced a significant decline, with critical support at 0.6607 and resistance at 0.6668. This resistance level is crucial for...
GBP-USD H4 ANALYSIS CHART Hi there. Naturally, there is no disagreement here either, as we were also unable to halt the negative trend in the GBP/USD pair. However, yesterday we left a fake breakout of 1.3050, which caused the dollar to decline...
Technical Analysis of GBP/USD Last working week, the pound tried to resume the uptrend, but could not hold and began to fall after establishing local highs. At first, the price rose above the level of 1.3170 but faced a clear obstacle, forcing it to...
The USD/JPY 4-hour chart displays a notable downtrend as the pair currently trades around the 141.459 level. After peaking near the 156.000 level in July, the price has been steadily declining, breaking through multiple support levels that were...