GBP/USD Technical Analysis: GBP/USD is hovering around 1.2620, struggling to gain momentum above 1.2650. From my perspective, the pair remains stuck in a tight range, with the 50-day SMA at 1.2600 acting as immediate support, while the 200-day SMA...
February 13, 2025 Gold price builds on steady intraday ascent amid trade war fears and weaker USD. The XAU/USD pair (Gold priced in US Dollars) is trading near the $2,900 mark, following a significant rally that saw prices reaching an all-time high...
The gold chart on the H1 timeframe indicates a strong and persistent uptrend. The price has been steadily climbing, with minor pullbacks that are well-contained within the Bollinger Bands. This suggests that bullish momentum remains dominant. The...
The Japanese Yen (JPY) strengthened against the US Dollar (USD) on Thursday, as the USD/JPY currency pair retreated below the 154.00 level ahead of the European trading session. This JPY appreciation coincides with renewed selling pressure on the...
The (EUR/JPY) currency pair has exhibited a relatively stable trading pattern, hovering around the 161.00 level for the fourth consecutive day during Thursday's Asian trading session. The Japanese Yen (JPY) has weakened amidst growing concerns that...