I initially anticipated a downward scenario for the DXY (US Dollar Index), with the upward movement being viewed solely as a correction. The liquidity zone, marked by the price gap (imbalance) between the levels of 106.627 and 106.491, had been...
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Gold's Strength Driven by Geopolitical and Monetary Forces: Gold (XAU/USD) continues to gain traction, fueled by geopolitical uncertainties and evolving monetary policy expectations. Political tensions in France and South Korea have heightened its...
The AUDCHF currency pair is declining towards a significant demand area on the daily chart, after a period of consolidation in the base region. The current downward pressure has also breached the neckline of a double top pattern formation. This...
Hello, After a pullback, GBP/USD rose towards 1.2700 in the second half of the day on Wednesday as the US dollar lost strength following disappointing data releases. Markets are eagerly awaiting Fed Chairman Jerome Powell’s speech. The relative...