The GBP/USD pair has continued its upward momentum for a third consecutive day, trading around the 1.2460 level during Thursday's Asian session. Traders are now focused on the release of the UK's preliminary GDP data later in the day. While annual...
GBP/USD continues to exhibit bullish characteristics, with technical indicators supporting the case for further gains as long as the pair holds above 1.2417. This key level acts as a critical support zone, ensuring that the market retains an upward...
Technical analysis of gold Technical analysis of gold on the 1-hour chart shows the beginning of an upward wave after the price broke the price channels upwards. Today, the price started trading inside the white triangle, which is the common area...
On-Neck Chart Pattern The On-Neck Chart Pattern is a candlestick pattern used in technical analysis to predict potential market trends. It generally occurs in a downtrend and signals possible continuation of the bearish movement. Here's how the...
#GOLD Yesterday I did not expect such strong fluctuations, but the market's disregard especially surprised me with yesterday's US inflation statistics. Yesterday's US statistics showed an increase in consumer prices in the United States, and the...
