The GBP/ USD brace has reached its target position of around 1.25. Now, most probably, there will be a small withdrawal and connection in expectation of the results of the Munich Security Conference, which starts tomorrow.However, also European...
Gold price technical analysis: daily chart The daily chart shows that gold prices may briefly retreat to the rising trend line support level of $2,892. The 14-day relative strength index (RSI) is flat in the overbought zone, suggesting a...
The EUR/ USD brace stabilized around the 1.0460 position during Friday's Asian trading session, following a three- day band of earnings. The brace's recent upward movement was incompletely attributed to the US administration's decision to defer the...
EURUSD EURUSD outlook: The EUR/USD pair remains under pressure due to the strong US Dollar, which is benefiting from a hawkish Federal Reserve and resilient economic data from the US. The Euro is struggling with slower economic growth and...
Currency pair GBPUSD - let’s consider today at the end of the week the chart of the H4 period. At the beginning the week on Monday they decreased and the price could update the support level of 1.2375. There was a potential purchase zone behind the...
