GBP/USD pair, representing the exchange rate between the British Pound and the US Dollar, is one of the most actively traded pairs in the forex market. It is heavily influenced by a variety of economic, political, and financial factors from both the...
Crude Oil Price Movement We are currently discussing the analysis of the price behavior of Crude Oil. We are currently moving towards the middle Bollinger band, situated at 82.36. We will observe whether the price breaks higher or reverses downward...
EUR-AUD PAIR ANALYSIS The release of the Australian CPI news made EURaud move aggressively today. Data that exceeded expectations made the Aussie dollar strengthen further against the euro. It seems that Australian inflation is still high. In this...
The Silver's price behavior analysis is currently open to discussion. Although Silver is formally declining within the descending channel, it is a minor correction within a more significant upward trend. The influential daily bearish candlesticks...
XAU/USD For the second day in a row, there is some selling pressure on the gold price (XAU/USD), which on Wednesday afternoon in the Asian session hit a low of more than a week. In light of the robust US economy, remarks made on Tuesday by Federal...