GBP/USD continued its upward momentum on Friday, surpassing the 1.2650 level amid renewed weakness in the US Dollar (USD). The pair's rally was fueled by weaker-than-expected US economic data, notably the drop in the SP Global Services PMI below the...
The price of bitcoins has been consolidated between $ 94,000 and $ 100,000 since the beginning of February. Us Bitcoin Spot Data ETF has seen a total outflow of $ 489.60 million by Thursday. The Cryptoquant report suggests that if demand and...
GBPUSD Weekly Technical Analysis GBPUSD is currently trading near the 1.2630 level after showing bullish momentum over the past few weeks. The price is positioned around the 70-period moving average (MA) on the weekly timeframe, indicating a...
The USD/JPY pair has been in a clear downtrend on the H1 timeframe, with price action consistently forming lower highs and lower lows. The pair is currently trading near the 149.28 level, which appears to be acting as a short-term support zone. The...
Technical Analysis of XAUUSD XAUUSD closed Friday’s trading session at 2936, positioned between the immediate support level of 2920 and the resistance level of 2945. This suggests a consolidation phase, with the market awaiting a decisive breakout...
