GOLD PAIR REVIEW Price of currency: GOLD Gold fell again in the market movement yesterday Monday. Buyers who failed to bring the price up and breakout the resistance line 2784 caused gold to fall again. The price fell again and this morning the...
The GBP/JPY currency pair staged a partial recovery on Tuesday, rebounding from recent losses to trade near the 193.80 level. While this suggests some renewed bullish momentum, technical indicators point towards a potential weakening of the uptrend....
On the euro's daily chart, yesterday's price movement leaned bearish, with the candlestick forming within a narrow triangle. Given this setup, I have maintained a neutral stance on the pair while closely monitoring technical indicator data for...
Technical Analysis: EUR/USD EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment. The Fed is expected to leave interest rates unchanged, while the ECB is set to cut them by 25 bps,...
GBPUSD Daily Time Chart Analysis The GBP/USD currency pair is currently locked in a tight range around the critical 1.2500 level, a psychologically significant price point for traders. Repeated attempts by the pair to break through this level,...