The Cable recently experienced a notable decline, falling to a four-week low against the US Dollar (USD), with the exchange rate reaching 1.2470. This drop came as market participants reacted to the threat of new tariffs from former President Trump,...
Gold shows resilience as it focuses on key levels of resilience Gold prices rebounded on Friday to hit a high of $2,632, slightly above Thursday's high of $2,626. A strong close, placed in the upper third of the daily price range, suggests momentum...
As the pair closes in on a significant historical trendline, it is now forming a Rising Wedge pattern, a technical formation that typically signals a bearish reversal. This pattern suggests that the pair may be poised for a downward breakout,...
EURUSD currency pair - H4 chart. The wave structure here is building its order downwards. The MACD indicator is in the lower sales zone. The news from the USA regarding technology largely and predictably declined. And the technology from the...
Euro and US Dollar Fluctuations on Friday On Friday, the euro experienced significant fluctuations against the US dollar. Initially, during the Asian trading session, the euro dropped below the 1.0340 mark, hitting a three-week low. However, it made...
