The British pound (GBP) experienced an upward trend against the US dollar (USD) on Monday, primarily fueled by a general weakening of the dollar and a potential resurgence of capital inflows. The GBP/USD pair retraced its steps towards the 1.2700...
The chart represents the price movement of gold (XAU/USD) in the H1 timeframe. It incorporates multiple technical indicators, including Fibonacci extension and retracement levels, Bollinger Bands, trendlines, and the Stochastic Oscillator (5,3,3)....
ANALYSIS OF GBP/AUD PAIR. The GBP/AUD H4 chart exhibits a strong bullish momentum as the price has surged towards a significant resistance level at 2.0518, marking a critical zone where sellers might step in. The previous trend was...
GBP/JPY British Pound/Japanese Yen. On the daily chart we see a stable (quite possibly a trend line for now) and a breakout of the downward movement for this pair. It is quite dangerous to talk about some kind of resumption of a strong northern...
The USD/CHF pair has experienced a significant downturn, breaching its robust 200-day Simple Moving Average (SMA) at 0.8775 and plummeting to a three-month low. This breach signals a potential shift in momentum, opening the door for further...