T E C H N I C A L _ A N A L Y S I S G B P / U S D Good Morning Visitors. Let’s focus on the GBP/USD price action. GBP/USD is trading at 1.3450 at the time of writing. The US dollar index is in positive territory, which indicates that the US currency...
AUD/USD Technical analysis H-4 Chart You know yourself, based on trading experience, that everyone has their own approach, vision, and analysis of instruments. For example, you do not see anything attractive for opening long positions on AUD, and...
I believe gold's technical structure at the close of May suggests a pivotal moment for the precious metal. I observed that the price finished the trading week just below the upper boundary of the large triangle pattern on the daily chart, which...
As of now, the USD/JPY currency pair has been experiencing a consistent decline over the past eight days, marking a significant trend that has not been observed since 2019. This prolonged decrease hints at underlying market shifts and potential...
In a significant move that shook financial markets, Moody’s downgraded the U.S. credit rating from Aaa to Aa1, echoing earlier actions by Fitch Ratings in 2023 and Standard Poor’s back in 2011. The downgrade underscores growing concerns over the...
