Forecast for GBP/USD 5 February 2025 On the hour graph, a few GBP/USD on Tuesday rose sharply towards the resistance zone 1.2488 - 1.2508. The jump from this zone would prefer the US dollar and launch a decline towards the support zone of 1.2363 -...
In Wednesday's European session, the pound sterling (GBP) value rises to around 1.2500 about the US dollar. Following US President Donald Trump's decision to postpone tariffs on Canada and Mexico, the US dollar loses risk-premium and gives up its...
Currency pair AUDUSD - today we will consider the chart of the D1 period. January passed earlier, with price movements fluctuating. There was a good upward correction, which was preceded by a bullish divergence on the used MACD indicator, but they...
The provided chart shows the hourly price movement of GOLD (XAU/USD) with a strong uptrend from mid-December to early February. The red moving average (likely a 50-period or 100-period MA) indicates dynamic support, which the price has respected...
The cost of products does not solely depend on the level of import duties. Even if import duties are raised by 10%, the prices for end consumers and exporters' profits may remain unaffected. This is because various measures can offset price...