XAU/USD Good Morning guys! The market of XAU/USD will drop sharply down and cross the 2842 zone later, as it currently lacks a completed correction process. This recent price movement suggests that gold is bouncing up prematurely, failing to...
The EUR/USD pair extended its decline for the third consecutive day, driven by a strong recovery in the US Dollar, which gained additional momentum following President Trump's announcement of new tariffs over the weekend. The pair retreated from...
The EUR/GBP pair experienced a slight upward movement on Monday, climbing to 0.8330, but the overall trend remains bearish as the pair continues to struggle below the 100-day Simple Moving Average (SMA). This key technical level has acted as a...
The GBP/USD H1 chart presents an interesting structure, reflecting a period of volatility followed by a slight contraction. The Bollinger Bands indicate that the price has recently moved from a strong uptrend into a phase of consolidation, where the...
Gold Technical Analysis and Uptrend Continues. Gold is currently showing strong positive momentum and is trading near 2906. The market gained momentum after breaking the key resistance level of 2885, which led to an increase in price. Gold reached a...