EUR/USD Market Outlook Greetings and Good Morning to everyone! Unfortunately, the market of EURUSDD dropped sharply down and reached at 1.0442 zone yesterday. Today, I expect the buyers to return and cross the resistance zone of 1.0500 later. Also,...
AUD/USD extended its negative start to the week and dropped to five-day lows near 0.6230 on the back of the strong resurgence of the buying pressure in the US Dollar and rising threats of US tariffs.The technical setup for AUD/USD is sending mixed...
GBP/USD Market Outlook Greetings and Good Morning guys! Yesterday was very helpful for the sellers of GBP/USD. They had crossed the 1.2422 zone successfully. Today, we can open a buy order with a short target of 1.2478 ahead. Overall, traders...
Gold Price Action Breakout We are currently discussing the analysis of Gold's price behavior. Gold continues to struggle following yesterday's sharp fixation of positions. Based on wave analysis, the metal fulfilled the minimum criteria for forming...
From a technical perspective, the EUR/USD has been trading within a descending pitchfork formation extending from the September 2024 highs. The pair recently rebounded off the lower parallel of this formation, with initial support identified at the...