The GBP/USD currency pair currently exhibits a bearish outlook, as suggested by recent technical analysis. The daily chart highlights a typical correction phase, signaling that the pair may be approaching a critical price channel line. This line...
The price of gold (XAU/USD) enters the new week with a little negative gap after failing to take advantage of Friday's late climb back towards the $2,750 region. A recent spike in US Treasury bond yields, supported by the rising consensus that the...
Trading the USD/JPY pair requires a keen understanding of both technical indicators and market sentiment. Today, I’m focusing on a critical support level at 151.49. If the price breaks below this level, it could trigger a significant sell-off,...
Good Morning Traders! Welcome to Today’s Live Trading Analysis Yesterday, the USD Index closed with a bullish trend, advancing from 103.98 to the 104.30 level. While it pushed toward 104.50 today, the USD Index appears somewhat unstable, which has...
GBP / CHF: An hourly time frame recommendation The bulls of GBP/CHF do not have many opportunities at this moment, as the market closed below the 1.1235 level in the last session. This scenario has shifted the momentum in favor of the bears, who...