GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2675, and it looks like it’s holding steady near the 50-day moving average. From what I’m seeing, there’s some resistance around 1.2700 and 1.2750, while support seems firm at...
The US dollar saw an initial decline against the Japanese yen, but rebounded and showed signs of renewed strength. This move suggests a potential move into positive territory as the market appears poised for a recovery. A key level to watch is the...
USD/CHF Technical Analysis: Right now, USD/CHF is hovering around 0.8590, and I’m keeping a close eye on key levels. Immediate support is at 0.8560, with another level at 0.8525 if things dip further. On the upside, resistance is sitting at 0.8625...
Currently, XAUUSD is experiencing a corrective upward impulse, but it is not yet clear if this movement has reached its full potential. The nearest significant resistance level for gold is at 2645. If the price successfully breaks above this level,...
USD/JPY is slightly lower on Thursday. It continues to move slightly below the key 158 level. Momentum indicators are showing signs of weakness. USD/JPY is trading slightly lower again on Thursday, building a good distance from the key 158 area. The...
