The GBP/USD (British Pound to US Dollar) currency pair is a significant player in the forex market, reflecting the economic and political dynamics between the UK and the US. As of now, the GBP/USD pair is trading around 1.2679, and the prevailing...
On NZD/USD on Friday, after a slight northward pullback, the price reversed and continued to push southward, resulting in the formation of a bearish reversal candle that was able to renew the previous day's low with its southern shadow. As I have...
Strengthening the US Dollar and Increasing Treasury Yields: Gold prices have recently fallen by 0.59%. This decrease is due to the US dollar getting stronger and Treasury yields increasing. A stronger US dollar makes gold more expensive for those...
The 1-hour chart currently indicates an upward trend within the linear regression channel, signaling strong buying interest as traders aim for the 1.2690 level. This movement suggests a favorable opportunity to buy, given the positive market...
EUR/JPY/H1 The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H1 timeframe chart at 168.720. Once this level is hit,...