The GBP/USD pair is currently under significant selling pressure, heading towards a potential breach of the 1.2700 level after experiencing considerable downward momentum in the preceding two trading sessions. The pair is currently trading below its...
The GBP/USD pair remains in a bullish stance, maintaining support above the pivotal 1.2750 level, with upside momentum clearly building. Technical indicators, including the Relative Strength Index (RSI), favor continued gains, suggesting a sustained...
Gold prices experienced a reversal on Tuesday, breaking a three-day losing streak that had seen them dip below the critical $3,000 per ounce threshold. This downward pressure was largely attributed to the rise in US Treasury yields, which diminished...
Gold prices are consolidating near $2,980 per ounce, pausing a three-day decline amid rising US Treasury yields and a renewed risk-off tone in global markets. The sharp rebound in yields—particularly the 10-year, which climbed above 4.45%—has...
I am currently observing a strong bearish sentiment on the USD/CHF currency pair, and I do not believe the price will be able to grow up to 0.87 at this point. I noticed that Tuesday's daily candle closed as a solid bearish candle, reinforcing my...
