EUR/USD stays under bearish pressure and trades below 1.0300 in the American session on Friday. The US Dollar benefits from the upbeat jobs report, which showed an increase of 256,000 in Nonfarm Payrolls, and forces the pair to stay on the back foot...
Silent Points about XAUUSD: Currently, the XAUUSD market is closed near the 2690 level, which acts as a resistance level. The price struggles to move higher without a strong catalyst at such levels. A breakthrough at 2692 or 2695 could signal upward...
GBP/USD extends its weekly slide and trades at its weakest level since November 2023 below 1.2250. The data from the US showed that Nonfarm Payrolls rose by 256,000 in December, fuelling a US Dollar rally and weighing on the pair The Relative...
The chart illustrates the GBP/USD currency pair on an hourly timeframe, incorporating essential technical indicators such as Bollinger Bands, Standard Deviation, and the Average True Range (ATR). These tools allow for a precise evaluation of market...
The GBP/USD pair has been under consistent bearish pressure recently, with the pound falling from a recent high of 1.2605 to close yesterday around 1.2206. This nearly 400-point decline reflects the significant challenges facing the British...