The spot prices extended their gains into the late US session on Thursday, approaching a multi-day high around the $2,530 mark. However, the recent uptick has been overshadowed by a strengthening US Dollar, which has been a significant factor...
The GBP/USD pair experienced a two-day downturn, breaking below the 1.3200 level. This reversal marked a significant shift from the bullish momentum that had characterized the market for the past few weeks. The lack of significant economic data from...
The GBP/USD 1-hour chart illustrates a strong uptrend that has recently faced some consolidation near the 1.32000 resistance level. After a clear upward movement starting around the 1.27500 area, where a 2 Bottom Liquidity zone provided support, the...
EUR-AUD PAIR MOVEMENT From the EurAud market trend that I have monitored since the beginning of the month, it has been running on the bullish side until it has successfully passed the simple moving average zone of period 100. When the market was...
EUR-NZD H4 TIME FRAME On the H4 chart that we have, it can be seen that EUR/NZD is experiencing a fairly sharp downward trend after previously experiencing a significant increase. However, the price is now in an important support area that has been...