Yesterday, GBP/USD bounced off the 1.2603 level, triggering a minor decline. Unlike the euro, the British pound may resume its downward trend if the market plans to engage in selling. At the very least, the price should drop to the 1.2633 level....
In Wednesday’s EU session, the EUR/USD pair exhibited notable weakness, flirting with immediate support at 1.0683. This bearish shift in the Euro was precipitated by an unexpected political upheaval in France. President Emmanuel Macron's...
Hello, Gold fell to $2,310 on Wednesday as investors weighed comments from Federal Reserve officials, who appeared reluctant to cut interest rates amid stubbornly high inflation. $2,279. A break below this would signal a strong downward move. The...
Since the beginning of this week, the NZDUSD pair has been moving within a white price triangle, which lies between price channels representing the last two weeks' movements. It generally indicates an upward trend with varying extensions. The price...
The euro has been on a tear against the Japanese yen, climbing for six days straight. It's not quite at its peak for the year, set back in April, but it's getting close. Right now, the exchange rate is hovering around 171.29 yen to the euro, which...