Gold H1 chart: The price of gold is trading at 2884 and continuing its downtrend. The resistance level on the H1 chart is 2890, and the support level is 2865. In addition, the RSI at 35 indicates that gold is nearing oversold conditions. The gold...
GBP/USD Technical Analysis and Forecast Hourly Chart: The GBP/USD market is trading at 1.28803 and is neutral to slightly bearish. On the H1 chart, the key resistance level is 1.29300, and the support level is 1.28500. The GBP/USD market trades...
Technical analysis 11 March 2025 GBP/USD D-1 Let's open the daily timeframe and see a fairly clear picture: earlier there was a rebound from the local minimum of 1.2100, after which the pound/dollar pair formed an ascending price channel, which was...
The EUR/USD pair started the week with muted price action, maintaining its position near recent multi-month highs around the 1.0830 region. Traders remain cautious as they brace for a week packed with critical US economic data that could shape the...
West Texas Intermediate (WTI) crude oil, the U.S. benchmark, experienced persistent selling pressure in early European trading on Monday, hovering around the $66.45 mark. This downward trend was primarily attributed to mounting concerns regarding...