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,...
The spot price trades lower around 161.70 during the early session today, reversing gains from the previous day. The price faced renewed pressure as traders increasingly believed that the Bank of Japan. At the time of the latest update, the price...
GBP/USD Price Forecast We should have an in-depth discussion on the price action outlook of the GBP/USD currency pair. The GBP/USD H4 timeframe chart shows a strong bearish trend, with the price recently breaking below the key support level of...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 143.80, and it seems to be holding steady. I’m keeping an eye on 143.50 and 142.80 as key support levels, while 144.20 and 145.00 look like the main resistance points. Looking at the...
The currency pair remains under pressure, trading near 0.5580 during the Asian session on Thursday. The possibility of an interest rate cut by the Reserve Bank of New Zealand next week, coupled with rising geopolitical tensions, continues to weigh...
