The GBP/USD pair also showed a fairly strong drop on Friday, for which there were no local reasons. Let's explain what we mean. Local causes are events and news during the day. There were practically none on Friday. In the United States, the...
Technical analysis of the AUDUSD pair 4-hour chart Over the past weeks, the price has moved in a sideways direction as we see on the chart. During the previous week, the price trended upward in a strong upward wave, but in the middle of the week,...
Hello all, The price behavior of gold is currently a hot topic among traders and analysts. As we continue our detailed analysis of the gold market, we begin by examining the daily time frame to gain a broader perspective on recent movements....
Technical analysis of the EURUSD pair 4-hour chart It is expected that we will have a bearish trend for the pair during this week, as the price succeeded in breaking the price channels on the daily chart. On the 4-hour chart, the price begins...
Crude oil prices continue to decline as market sentiment weakens. OPEC+ has announced plans to roll back production cuts implemented in 2023 to address supply constraints and raise prices. This follows a period of low supply, reflected in declining...