The foreign exchange market saw a surprising turn of events on Friday during the European session. The GBP/JPY currency pair defied expectations by surging past the key psychological support level of 200.00, reaching a new multi-year high of...
Crude Oil Price Signals The Crude Oil price behavior analysis is a matter for discussion. By the end of the trading week, WTI futures quotes had secured a position above the upper limit of the descending daily channel. However, this position is only...
Gold Price Analysis: Key Insights From The H1 Chart Today, the gold market witnessed some interesting movements. Initially, there was a bullish trend; however, this was short-lived as the price experienced a significant drop. Our H1 chart clearly...
XAU/USD Technical Analysis: For over a month, the XAU/USD pair has been stuck in a narrow trading range between 2322 and 2310. During this time, selling pressure has increased significantly, while buying interest has waned. Current technical signals...
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