Navigating the GBP/USD Prices The GBP/USD price behaviour analysis is a matter for discussion. The GBP/USD currency pair has shown a clear bullish trend on the 4-hour timeframe, with the price consistently trading above key moving averages,...
Gold prices are currently on the rise, with a target of reaching $3,000 per ounce. Last week, gold (XAU/USD) settled at $2,936.26, marking a gain of 1.87% and maintaining an upward trend for the eighth consecutive week. The metal reached a new...
Market Fundamentals: The Reserve Bank of Australia (RBA) opted to keep interest rates steady at 4.35% during its final policy meeting, but its unexpectedly dovish tone signaled the possibility of a rate cut. Market expectations currently reflect a...
GBPUSD Weekly Technical Analysis GBPUSD is currently trading near the 1.2630 level after showing bullish momentum over the past few weeks. The price is positioned around the 70-period moving average (MA) on the weekly timeframe, indicating a...
Technical Analysis of XAUUSD XAUUSD closed Friday’s trading session at 2936, positioned between the immediate support level of 2920 and the resistance level of 2945. This suggests a consolidation phase, with the market awaiting a decisive breakout...
