EUR/USD The euro remained under considerable selling pressure on Wednesday, as the EUR/USD currency pair retreated toward the 1.1300 support region. This decline was largely fueled by a resurgence in US dollar strength, underpinned by improving...
From a technical perspective, the gold market is showing signs of underlying strength, particularly around the 38.2% Fibonacci retracement level of its recent upward movement, which originated near the mid-$2,900s—an area that also marks the monthly...
Gold Spot Price Analysis The chart represents the movement of Gold Spot prices in a 4-hour timeframe, with the current market price at $3,333.25, reflecting a gain of 1.36% (+$44.86). Key Observations: Moving Averages: The blue line indicates the...
EUR/USD Navigates Choppy Waters on the 4-Hour Chart The recent price action for the Euro against the U.S. Dollar on the 4-hour timeframe paints a picture of indecision and volatility. Following a noticeable upward trend, the pair appears to have...
The daily chart for GBP/USD tells a compelling story of revival. After enduring a lengthy stretch of consolidation and downward drag, the pair sparked to life with a bullish breakout in early February 2025. The move launched from the 1.25100...