GBPUSD 30m is recovering after a sharp drop, trading at 1.3603 down 0.18% on the session. Price spiked to test 1.3640 resistance then sold off to 1.3550 before bouncing. The market context is neutral-to-bearish on this timeframe, with price now...
Gold Market Forecast Gold is under pressure again. After spending most of May 8 between 4707 and 4727, buyers looked poised for another breakout. The rally took the price all the way to 4748.65, but the move quickly fizzled out. Sellers stepped in...
Eurozone growth grinds to 0.1% as April inflation jumps to 3% Read more: __________________ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.54% of retail investor accounts lose...
Looking at the USD/ZAR pair, it is clear that the bears are now firmly defending the 16.49 resistance level, exactly as discussed earlier. From a technical analysis perspective, sellers have already confirmed the “Double Top” pattern on the H4...
EUR/JPY has been trading within a narrow price range over the past few days, showing signs of consolidation as the market waits for stronger direction. Buyers are currently trying to regain control and push the pair higher, but the bullish...
