Prices have recently broken the upward trend that dominated the medium and long term, suggesting a shift toward even stronger momentum. The price chart reveals no immediate resistance, indicating potential for further gains. However, should the...
Fiber has hit a roadblock, halting its brief winning streak and trading around 1.0410 during the European session on Thursday. This downside move is largely attributed to the strengthening US Dollar, as market caution grows ahead of upcoming US...
GBP/USD Technical Analysis and Key Concepts The GBP/USD market has seen significant volatility today, falling as low as 1.2499 before resuming its gains. The GBP/USD markets are currently trading at 1.2512, indicating a cautious recovery. However,...
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XAU/USD Technical Analysis: Basic Dynamics, Concepts, and Strategies The XAU/USD market is trending higher today. After hitting an intraday high of 2638, the price is currently trading around 2628. Looking at the hourly chart, XAU/USD is trading...