GBP/USD Fundamental Analysis: GBP/USD is trading cautiously as markets digest recent economic updates. Last week, the Bank of England (BoE) maintained rates, but Governor Bailey hinted that rate cuts could be on the table later in the year if...
Bitcoin still far away from bottom? The leading digital asset has slightly declined over the past few days but remains afloat. Bitcoin is striving to recover lost ground. Analysts say that BTC is succeeding. On Monday, February 10, Bitcoin opened...
The GBP/USD H4 chart presented shows a strong downtrend over an extended period, with the price making lower highs and lower lows. The red moving average (likely a 50-period or 20-period MA) is acting as dynamic resistance, keeping the price below...
Weekly Analysis: Bullish Outlook for Gold Short-Term Technical Outlook Gold's short-term technical outlook remains bullish. The daily chart indicates that the RSI (Relative Strength Index) is nearing 70, suggesting that gold could continue to rise...
Technical analysis of AUDUSD Today I chose AUD/USD for technical analysis and after a few days, the market price rose and broke all resistance levels. But now that the market has broken the structure that helped drive prices down, the market price...
