Gold Analysis Greetings. We have not seen an upward rebound today nor a test of the primary support at 2560 yet. It is still possible for them to bounce. It also turns out that round level 2550 has additional support if we suddenly go lower. If it...
EUR/GBP H4 MARKET ANALYSIS. This morning the price of the EUR/GBP pair started its market journey from the 0.8435 position. This is the first trading session of the week and also the first week of June. If observed, it seems that the market is still...
USD-CAD PAIR MOVEMENT The latest news shows that the US and Canadian economies are experiencing various developments. In the US, business activity in New York State has experienced an unexpected increase marked by a significant increase in new...
Forecast of Gold Daily time frame chart outlook: I predicted that the price would drop since the daily time frame chart showed that Gold's trading activity had been in the range zone for a few trading days. Then, on Wednesday of last week, Gold hit...
GBP/ USD Price Analysis Our current focus is assessing the GBP/ USD currency brace's price action. For the British pound, the four- hour map still shows a downcast price channel that formed after the answer from the 1.3264 high. On Friday, buyers...