The GBP/USD currency pair has faced notable pressure in recent trading, reflecting a combination of technical and market sentiment challenges. Following the Boxing Day festivities, which saw UK traders off, the pair opened below the important...
Gold prices experienced a slight dip on Thursday, following three consecutive days of gains. This decline coincided with a rebound in US Treasury yields, with the benchmark 10-year yield climbing more than 15 basis points above its recent lows. This...
THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that a weak upward trend has been prevailing this week. The BoA (50) indicator is consistently below the price. In this situation, the right...
The latest Eurozone inflation figures have presented the European Central Bank (ECB) with a complex dilemma. While the central bank has already implemented a rate cut, persistent inflation, particularly in core economies like Germany, is raising...
The currency pair is currently trading within a defined range, struggling to gain significant upward traction. While there have been some signs of stabilization after a recent dip, the pair continues to encounter strong resistance levels. This...
