If this downward trendline is broken, we will likely see significant growth, with the price potentially rising above 1.2870 or even surpassing this year’s maximum. In the event of such a breakout, the dynamics of the market would shift dramatically,...
The Japanese yen is quiet on Friday. Japanese housing costs are falling Japanese economic activity slowed and household spending, a key driver of economic growth, fell 1.2% m/m in April. This followed a gain of 1.2% in March, well below the market...
GBPUSD H4 the H4 timeframe chart which showed that the GBPUSD price movement in trading since the previous week was dominated by bullish candlesticks, this week it is still dominantly moving towards a bullish trend. If at the beginning of May the...
Gold Prices Reach Multi-Week Low After Strong US Labor Market Data: Gold prices have fallen to a multi-week low after US labor market data exceeded expectations. This robust data has significantly impacted the market, affecting various economic...
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