The GBP/USD pair has extended its losses, revisiting the 1.2420 area, as the US Dollar regained momentum following the release of the US Nonfarm Payrolls (NFP) data for January. Despite a brief pullback on Thursday, the pair remains above an...
EUR/USD remains under pressure, with the technical outlook suggesting continued downside risks. The Relative Strength Index (RSI) is positioned below the 50 mark, indicating weak bullish momentum and an overall bearish bias in price action. RSI...
I am closely monitoring the GBP/USD pair as it opens the week with a sharp southern gap, plunging from 1.2407 to 1.2375, and I believe this sets a bearish tone for the days ahead. I previously advocated for short positions on the pound in my...
It seems to me that this is already an outright mockery of ordinary people. They themselves admitted that they financed the development of this virus, and the whole world is silent, as if nothing happened. Yeah.. For Gold, yes, judging by...
EUR/USD remains in a downward trend, with key technical indicators signaling further weakness. The Relative Strength Index (RSI) is still below 50, confirming that bearish momentum is prevailing. RSI readings below this level suggest that buyers are...